INDIAN EQUITY MARKET WRAP UP-24 JUNE 2015

Nifty Futures Tips

INDIAN BENCHMARKS snaps 8-day winning streak; Europe slides on Greece
                                                                    
INDIAN EQUITY BENCHMARKS  fell on Wednesday, to snap an eight-day winning streak, its longest advance in nearly five months, tracking sharp declines in European shares after Greece said international lenders had rejected its latest proposals. The S&P BSE Sensex and CNX Nifty ended 0.27%-0.25% lower each.
                                                   
Headlines for the day:                                                                                  

Stock update: Prospects of a good monsoon improve
Persistent Systems slumps on weak Q1 outlook
Stock which hit century in one month

The crucial resistance for Nifty is now seen at 8440 and above this 8485. Support for the immediate term is now placed at 8260 and next support will be 8215.

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