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Techno Tomorrow Date: 23/05/2018 Dear Traders, wing our Researcaramete INDEX NIFTY OUTLOOK:
Index failed to cash in on positive close from the previous session. Markets traded sideways for the major part of the day before witnessing a heavy selling pressure in the final hour of trade with Nifty breaching its crucial support level of 10,500 ending the session 1.02% lower. The Nifty 50 made a bearish candle on the daily charts and if the index stays below 10,500 then weakness could continue towards 10,325-10,300 levels.
SCRIPT
LEVEL
TARGET
STOPLOSS
VEDL FUT SELL BELOW
251
248
254
SCRIPT
LEVEL
TARGET
STOPLOSS
SAIL FUT SELL BELOW
68.50
67.50
69.50
SCRIPT
LEVEL
TARGET
STOPLOSS
TATAELXSI FUT BUY ABOVE
1210
1220
1200
LEVEL
TARGET
STOPLOSS
284
289
SCRIPT
286.50 HINDPETRO FUT SELL BELOW BELOW youBELOW can also write us at info@capitalways.com ABOVE Best Regards Technical Research Desk Capital ways investment adviser Indore (MP)