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Techno Tomorrow Date: 20/04/2018 Dear Traders, Folloaramete INDEX NIFTY OUTLOOK:
S&P CNX Nifty future closed DOWN 1.25 points at 10564.05. Indian Stock Market would open negative. Technically, Indian Stock Market is still in positive zone until it holds above 10485 levels for Nifty but now market looks exhausted. Traders can book some profits in their long positions as of now and should remain cautious as some big movement is expected in either side in upcoming days. Though market is positive but its facing strong resistance near 10600-10635 zone for Nifty. Nifty needs to see a decisive break out of this range else profit booking would be seen in the market. SCRIPT
LEVEL
TARGET
STOPLOSS
UBL FUT BUY ABOVE
1135
1145-1155
1125
SCRIPT
LEVEL
TARGET
STOPLOSS
HINDPETRO FUT SELL BELOW
297
294-291
300
SCRIPT
LEVEL
TARGET
STOPLOSS
MARUTI FUT SELL BELOW
9036
9016-8996
9056
SCRIPT
LEVEL
TARGET
STOPLOSS
SRF FUT BUY ABOVE
2210
2230-2250
2190
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