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Techno Tomorrow Date: 28/09/2017 Dear Traders, Folloing our Researcaramete INDEX NIFTY OUTLOOK:
S&P CNX Nifty future closed up 33.20 points at 9768.95. Indian Stock Market to open flat. Indian Stock Market is still in negative zone. Market has entered into bearish phase that can drag market down to 9500-9311 levels for Nifty. Now, nearest support is the last pivot level of 9685 for Nifty, from which it rebounded in last correction. Breaching levels of 9685 on downside would confirm Double Top pattern for Nifty that again suggest next target of around 9500-9311 levels for Nifty. Today is F&O Expiry and some short covering rally can be seen due to volatility. SCRIPT LEVEL TARGET STOPLOSS
CIPLA FUT BUY ABOVE
584
SCRIPT
LEVEL
TARGET
STOPLOSS
EQUITAS FUT SELL BELOW
151
149 - 147
153
SCRIPT
LEVEL
TARGET
STOPLOSS
EXIDEIND FUT BUY ABOVE
203
205 - 207
200
LEVEL
TARGET
STOPLOSS
239
241-243
237
HEROMOTOCO FUT BUY ABOVE SCRIPT HINDALCO FUT BUY ABOVE
Technical Research Desk Capital Ways Financial Services Indore (MP)
580
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