Trade setup for June 16: More pain on the cards for the Nifty50 before a pullback - CNBCTV18


6/15/2022 12:00:00 AM2 years 10 months ago
by Sandeep Singh

Trade setup for Thursday, June 16: The Nifty50 has compromised a major support level and may be in for one more leg of downside before a bounce, say experts. Here's what the technical charts suggest.

Indian equity benchmarks failed to end yet another volatile session in the green on Wednesday, scaling fresh 11-month closing lows. Nervousness persisted among investors as they awaited the outcome o… [+6062 chars]

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