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Techno Tomorrow Date: 26/07/2018 INDEXNIFTY OUTLOOK:
The 50-share index managed to scale a fresh record high of 11,185.85, surpassing the previous levels of 11,171 that was recorded earlier this year. There was some last hour volatility and weakness ahead of F&O expiry, but PSU banks’ strength ensured that it managed to clock fresh record highs on both indices. Nifty has undergone a healthy consolidation (11080 -10925) and formed a higher base formation around 10700, which set the stage to challenge the all -time high of 11172, going ahead. In the coming session, we expect the Nifty to trade with a positive bias amid stock specific action as Q 1FY19 earning season remains in focus. SCRIPT
TARGET
STOPLOSS
95.60
98.60
92.60
SCRIPT
LEVEL
TARGET
STOPLOSS
AMBUJACEM FUT BUY ABOVE
223.50
229.50
217.50
SCRIPT
LEVEL
TARGET
STOPLOSS
DLF FUT SELL BELOW
191
195
187
SCRIPT B\
LEVEL
TARGET
STOPLOSS
920
960
BANINDIA FUT BUY ABOVE
LEVEL
940 MINDTREE FUT SELL BELOW BELOW you canABOVE also write us at info@capitalways.com Best Regards Technical Research Desk Capital ways investment adviser Indore (MP)