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DOW JONES: 19-06-2017

DOW JONES: 19-06-2017
June 19
02:35 2017

Nasdaq indicator is still looking weak but DOW Jones is placed better.  DOW Jones has immediate resistance at 21453 and 21806, it has support at 21163.  It is prudent to buy long strangles of Nifty rather than buying the put options alone. From US EIA Crude oil stock change, US Markit Composite PMI flash and Manufacturing PMI flash are due next week.   Current account, Balance of Trade, unemployment rate, Industrial production MOM, GDP growth rate and Balance of trade are expected in the week.

 

Image Credits: “Venturelli Luca/Shutterstock.com”

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ALEX MATHEWS

ALEX MATHEWS

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