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Techno Tomorrow Date: 31/01/2018 Dear Traders, Following our Researcaramete INDEX NIFTY OUTLOOK:
S&P CNX Nifty future closed UP 60.75 points at 11130.40. Indian Stock Market would open with negative bias. Technically, Indian Stock Market is still in positive zone. Indian Stock Market has taken positive breakout in last trading session but we would continue to see huge volatility in the market as Union Budget is approaching. Traders can continue long positions until Nifty Holds 11024 levels on closing basis. Profit booking would be seen at higher levels as traders and investors would prefer booking profits in long positions before the Union Budget day. But overall market is positive until it holds 11024 levels for Nifty on closing basis. Risk-averse traders can book profits and can hold cash in hand to avoid risk of volatility. SCRIPT LEVEL TARGET STOPLOSS
APOLLOHOSP FUT BUY ABOVE
1173
1183-1193
1163
SCRIPT
LEVEL
TARGET
STOPLOSS
ULTRACEMCO FUT BUY ABOVE
4415
4435-4455
4395
SCRIPT
LEVEL
TARGET
STOPLOSS
MARICO FUT SELL BELOW
306
303-300
309
SCRIPT
LEVEL
TARGET
STOPLOSS
MOTHERSUMI FUT BUY ABOVE
369
372-375
366
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