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Techno Tomorrow Date: 28/03/2018 Dear Traders, Following our Researcaramete INDEX NIFTY OUTLOOK:
S&P CNX Nifty future closed down 64.15 points at 10121.30. Indian Stock Market would open gap negative. Technically, Indian Stock Market is still in positive zone. Today is the last trading session of the March series and the current financial year. Today, market would see high volatility on F&O Expiry. Indian Stock Market would be considered bullish until it holds 10047 for Nifty on closing basis though some sharp profit booking would be seen today. Indian Stock Market has formed classic DOJI candlestick pattern that suggests indecisiveness and normally a reversal is seen in that case. Market would see sharp positive movement only if it managed to breach 10208 levels for Nifty Traders should remain cautious today and no position should be taken home due to long weekend.
SCRIPT
LEVEL
TARGET
STOPLOSS
APOLLOTYRE FUT BUY ABOVE
278
282-286
274
SCRIPT
LEVEL
TARGET
STOPLOSS
BAJAJAUTO FUT SELL BELOW
2740
2720-2700
2760
SCRIPT
LEVEL
TARGET
STOPLOSS
GSFC FUT SELL BELOW
113.50
112.50-111.50
114.50
SCRIPT
LEVEL
TARGET
STOPLOSS
INDIANB FUT SELL BELOW
298.50
296.50-294.50
300.50
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