Wednesday, April 5, 2017

Market out look for 5th April 2017

Market are continue up side and closed again All Time High of Nifty, Bank Nifty and other major stocks.  Over all trend is extremely bullish and any decline to buying opportunity. 
Nifty……….Closed above 9200 and 9220 so short term target 9300 and 9500 in coming days. We may consider support 9100-9133. As long as hold no problem of bulls.
Bank Nifty…………..Continue trading above 21000 mark so any decline to buy side, short term support 21300, upper side target 22000  and above.
Stock to watch out ……
ICICI Bank, HDFC Bank,  SBI, PNB, Union Bank, Syndicate Bank, Oriental Bank
Wockhard Pharma, Divis Lab (Contra Call) Tata Steel, Hindalco and VEDL

Have a good day. 

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