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Index Outlook For 18th June 20

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Today our Benchmark index Nifty closed in red with 34 points lower at 9881 due to Indo China tension at border.

Our Army reported 20 Officers were martyred in the face-off, we think that this tension will make index more volatile and we suggest to avoid Index trade for next few days.

Jai Hind Jai Bharat!

Nifty Future Intraday Level

Resistance 1 – 9888
Resistance 2 – 9923
Resistance 3 – 9951

Support 1 – 9813
Support 2 – 9780
Support 3 – 9744

Bank Nifty Future Intraday Level

Resistance 1 – 20209
Resistance 2 – 20300
Resistance 3 – 20409

Support 1 – 20060
Support 2 – 19947
Support 3 – 19823

Note – Level may subject to Gap up and Gap Down Opening

Thanks!

ProCapitas Market-Pro Team

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