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19 Sep 2017

MARKET OUTLOOK AS ON 19-09-2017 | DISCOUNT BROKER IN AHEMDABAD

NIFTY FUTURE:

Yesterday finally NIFTY FUTURE manages to give its all-time new high and bull again take charge as we have predicted earlier in our market outlook before 15 days back when NIFTY FUTURE was around 9800 level.

Now NIFTY FUTURE enters into the strongest phase of bullness. Yesterday’s high of NIFTY FUTURE has now open the door of 10,850 and 11,100. Immediate support for NIFTY FUTURE seems around 10,080 and rock support is at 9,930.

Any dips should be the opportunity to initiate long position with the near stop loss of 10,080 and far stop loss of 9930.

Intraday

Intraday trader should buy NIFTY at the level of 10,140 for the target of 10,220. Keep a strict stop loss of 10,090.

NIFTY BANK:

Intraday

Intraday trader should buy NIFTY BANK at the level of 24,900 for the target of 25,150 and 25,200. Keep a strict stop loss of 24,750.