Monday, December 19, 2016

Market out look....for 20th December


Market are continue in trading range and finally closed near to 8100 level.
As regards, Nifty, we may consider support 8050 8000 mark in near near, whereas resistance is 8150 8200 mark. We think that Nifty will hold support level and good bounce back in the market.

Bank Nifty also looking trading range in future and closed near to 18300. We may consider decent support 18000 18050 mark and likely bounce back, higher level 18450 18600 crossover only will move further.
Shanta rally likely.
Some stocks to be sell side...........
ICICI Bank...........with stop loss
SBI, with stop loss
Union Bank .........sell with stop loss............
Bharat Finance.............. sell with stop loss.
Asian paints ........ sell with stop loss....
TCS..............Buy with stop loss
IGL..............buy with stop loss.......
ICICI Pru...............buy with stop loss.
IBREAL..............Buy with stop loss
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