UPTREND TO CONTINUE		30.06.25

UPTREND TO CONTINUE 30.06.25

By CKN Staff

June 30, 2025

As we bring down the curtain on June, we find it was a good month for traders and investors and historically, July is said to be a strong month as well with a 90% strike rate for gains over the past 10-15 years. Everyone has been uniform in calling for a continuation as the breakout is an obvious signal on the chart. So, there may be willingness to buy current as well as dips. But the key point is, is there a willingness to hold? On that will get decided the strength and durability of the rally. Preopen shows a slightly better start. I suggest waiting for about half an hour and then enter if that period high is crossed. Stop at morning low or yesterday close. As far as data stands, BNF continues to trade better than NF and Hdfc and SBI should be in the fray along with Icici for the Banks. Reliance may make the cut for the Nifty.

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