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Techno Tomorrow Date: 16/05/2018 Dear Traders, wing our Researcaramete INDEX NIFTY OUTLOOK:
The Nifty continued to remain choppy throughout the day and finally ended 60 points higher. Nifty futures ended at a premium of 23 point. Volatility persisted as traders awaited clarity on government formation in Karnataka after BJP fell short of the halfway mark. The correction could have been much steeper had it not been for strong gains in FMCG stocks with HUL and ITC gaining 3.87% and 1.42%, respectively. 10680-10700 is the support for market. SCRIPT
LEVEL
TARGET
STOPLOSS
BAJAJFIN FUT BUY ABOVE
1930
1950
1910
SCRIPT
LEVEL
TARGET
STOPLOSS
WIPRO FUT BUY ABOVE
275
278
272
SCRIPT
LEVEL
TARGET
STOPLOSS
BANKBARODA FUT SELL BELOW
133
131.50
134.50
SCRIPT
LEVEL
TARGET
STOPLOSS
ASIANPAINT BUY FUT ABOVE ABOVE
1330
1345
1315
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