Anil Singhvi's Market Strategy June 26: Bearish on Metals, IT; Market trend to be neutral
The Indian markets on Monday, June 25, 2018, opened green but closed in the red. The S&P BSE Sensex ended down by 219.25 points (0.61%) at 35,470.35. While, Nifty and BankNifty went down by 59.40 points (0.55%) and 157.15 points (0.59%) to close at 10,762.45 and 26,609.70 respectively.
Anil Singhvi suggests the traders to reduce their buying positions on Nifty and BankNifty if they close below the mark of 10,700 and 26,450 respectively. Image source: Youtube