Thursday, July 27, 2017

Market out look daily 27th July, 2017

Market out look daily 27th  July, 2017

Nifty closed above 10000 mark
Strong Bullish with consolidation

Mrket Out Look   :    Market are continue in bullish mode and finally closed above 10000 mark.  Any dip to buy side. Tomorrow there are two events,  FED meeting and FO Expiry so high volatile market with positive bias and dip to buy side.  A lot of results are also announced today so  major movement in the market.
Nifty Spot  :   Consider support   9950-9960, holding above 10000 mark up  side target 10090 thereafter 10100-10200 easily.
Nifty Future  :    Support nearly  9950-9960, above 10010   up side target 10100  and above. Holding above, major short covering in market anddo not think to short sell.
Bank Nifty Future  :   Trend is very bullish and closed above 24500 mark, now consider resistance 24800,  sustained above, another round of move towards 25000-25200
PSU Bank INDEX  :     Be prepare for party any time PSU Bank stocks will move very fast.  
More details call
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