Market Outlook (June 28th - July 2nd)

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Current Trend : Uptrend

Support 1 : 1320
Support 2 : 1303

Resistance 1 : 1341
Resistance 2 : 1350

Observation : The general indication right now is that the market is bullish because of the formation of higher highs and higher lows since the past few weeks. But since the last week, the index is hanging at the 1320 region. With volume that keeps decreasing, it is not a really good sign.

However, there are some individual stocks that perform very well since the last week. So, it is not impossible for us to find gem stocks during this volatile period. To push the index higher, we need more volume!

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