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Techno Tomorrow Date: 22/06/2018 Dear Traders,wing our Researcaramete INDEX NIFTY OUTLOOK:
Markets witnessed a stellar rally, ending the week on a positive note with closing 80 points higher at 10821.Nifty regained its lost momentum, managing to close at weekly high levels. Tracking the technicals, Nifty held its immediate support of 10700 mark on the weekly chart, posting a sharp recovery from the support levels. Tracking the shorter time frame, Nifty managed to form a bullish engulfing candlestick pattern on the daily chart, indicating a positive bias for the index going into the June expiry week. SCRIPT
LEVEL
TARGET
STOPLOSS
SUNPHARMA FUT BUY ABOVE ABOVE
582
587
577
SCRIPT
LEVEL
TARGET
STOPLOSS
INDIACEM FUT BUY ABOVE
112.50
114.50
110.50
SCRIPT
LEVEL
TARGET
STOPLOSS
BAJFIN FUT BUY ABOVE
2345
2365
2325
LEVEL
TARGET
STOPLOSS
1402
1422
1382
BELOW B\
SCRIPT
JUBLFOOD FUT BUY ABOVE BELOW BELOW BestBELOW Regards ABOVE
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Technical Research Desk Capital ways investment adviser Indore (MP)