Market out look daily 13th July, 2017

Only Buy side

As Nifty above 9750   -

No Short sell  

Mrket Out Look   :     Market are continue in up ward side and coming days looks we are going to 10000 mark.  Trend is bullish and any dip to long side.  Concentrate blue chip stocks.

Nifty Spot  :   Consider support  9780  and resistance 9845  crossover sharp move 50 to 100 points.

Nifty Future  :   Any intraday weakness to buy side with consider support 9790  resistance 9831, crossover towards 9850 9880  

Bank Nifty Future  :   Trend is very bullish  and hold long side with consider support 23500  +.   Up side resistance 24000 .

PSU Bank INDEX  :     Some buying seen in front line stocks. Now consider support 3450, crossover 3520-3530  very hot.

NIFTY Pharma Index :    Time for consolidation and decline to buy side.

Long Side            :   Chennai Petro, GAIL, HUL, BOB, MGL

Short Side            : Mind Tree, Kotak Bank, ITC.

 OI  SPUR

 Reliance 1011, LIC Housing 983, HUL 2157, Aurbindo Pharma 1720, TCS 2377, Equitus 241, Axis Bank 640, BOB 1224  HDFC Bank 1341, PNB 784, Ujjaivan 307, MGL 405, Infosys 1893 and many more

Break  out Stocks   -  Ujjaivan, Equitus, MGL, Cheenai petro

Our Delivery call – HUDO at 75   - closed 92

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