Capitalways techno tomorrow 22nd may 2018

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Techno Tomorrow Date: 21/05/2018 Dear Traders, wing our Researcaramete INDEX NIFTY OUTLOOK:

Markets witnessed heavy selling pressure after opening the session marginally in the green. Mid-cap stocks bore much of the brunt with Nifty Mid-cap 100 index ending the session 1.70% lower. Bank Nifty relatively outperformed due to the strong gains .INDEX is approaching its important support of 10,440 levels which is 50% tracement of 9998-10929 rally and also back by 50-Day SMA. Bank Nifty too slipped further approaching its support of 21-DEMA of 25,700 levels. SCRIPT

LEVEL

TARGET

STOPLOSS

BEML FUT SELL BELOW

943

933

953

SCRIPT

LEVEL

TARGET

STOPLOSS

MINDTREE FUT BUY ABOVE

1032

1042

1022

SCRIPT

LEVEL

TARGET

STOPLOSS

JSWSTEEL FUT SELL BELOW

309

306

312

LEVEL

TARGET

STOPLOSS

189

192

SCRIPT

190.50 DLF FUT SELL BELOW BELOW youABOVE can also write us at info@capitalways.com Best Regards Technical Research Desk Capital ways investment adviser Indore (MP)


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