Monday, May 15, 2017

Market out look for 15th May 2017

Market trend is up but some profit booking and correction in the market can not be ruled out. Market almost closed near to 9400.   Over all trend is bullish, after sharp rise from the last  number of trading, correction is the market is quite possible and indicate any decline to buy side for another up move.
Nifty : Consider support 9300 on correction and resistance 9450, crossover and stay above target 9600
Any dip to buy side.
Bank Nifty  : Also looking after rise some correction in PSU Bank and Pvt. Bank wit consider support nearly 22500 and resistance at higher level 23000.   Below 22500 correction towards 22000 thereafter dip correction in the market likely,
Some important Data to be watch out for trading purposes.
Long side………  HUL, DLF, GAIL, Kotak Bank, TCS and may more.
Long Exit  :  Century Textile, LIC, ICICI Bank and Indus Bank
Short Covering – dish TV, IBREAL and HDIL
Fresh Short build up  - Glenmark and Yes Bank.
have a good day...

For Subscription Call
9630466296-9203901698
www.3mteam.in

3 comments:

  1. BOOK FULL PROFIT IN KENSAI NEROLAC, T2 ACHIEVED
    FREE TRADING TIPS

    ReplyDelete
  2. This market issue gives a perfect target on the all the performing stocks,commodity market.

    ReplyDelete
  3. Thanks for sharing post.
    Get more information please click below. We provide highly accurate calls with maximum return.
    Adviser Street
    stock market investing

    ReplyDelete