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View Full Version : Brexit Fear subsides, Markets may open Gap Up tomorrow



DynamicLevels
06-23-2016, 04:24 AM
Nifty (https://www.dynamiclevels.com/en/nifty-share-price) is expected to open 14 points gap up at 8216, as per SGX (https://www.dynamiclevels.com/en/sgx-nifty-future-index) at 8:30 am IST. Markets May Remain In A Small Trading Range Before The BREXIT Polling Tomorrow. The UK Referendum Results Would Be Out Early Morning On Friday. We Expect The Markets To Open Gap Up Since The BREXIT Fears Seem To Be Out Casted As Clearly Signaled By The Soaring GBP. Polling will be held between 12:30pm IST on 23rd of June and 3:30 am IST on the 24th of June. Fifty percent of the vote count results is expected to be released at 9am IST on the 24th of June and the final results are expected around 12:30 in the afternoon the same day.

Markets have remained in a small range as the global markets await the outcome of the UK referendum to be declared early morning on Friday. GBP has gained momentum and is trading at its 5 month high of 1.4816 after making a high of 1.4844 today morning.