Wednesday, December 21, 2016

TODAY EQUITY TIPS

Market out look.....................
Market are continue in down side and near to
decent support , once break this level over all selling in the market.
We may consider support 8050, decisively break with volume
over all selling in the market and downside target 8000-7950 7920 likely in near term.
Higher level resistance 8200 watch out, decisively crossover
trend will be change.
Bank Nifty : also looking bearish and Tuesday more than 4 lac shares added in short side and total OI stood around 26 lacs.
so any rise to sell side..................Till remain below 18350-18500 range weakness continue, down side support 18000-17900 once break these level down side target 17500 +.
Stock to bw watch out.
Axis Sell on rise
Can Bank.................Big short seen
Bank of Baroda ..................support broken
Hindalco.............near to support level
HDFC.................Panic to buy


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