Market out look 26TH Sept. 2017
Till Nifty Not Cross 10100-10180
Down side open towards 9870-9788-9700
Remain Sell side -
Market out Look : Market open with bearish note and follow up selling continue resulted made a low Nifty 9816, however, some pull back managed to closed above 9850. However, trend have been change and any rise to selling opportunity till Nifty 10000 mark will not cross successfully.
Technical Out Look
Nifty : Consider support 9800-9820, break these level towards 9750-9710-9685, resistance around 9950-9970 range . Higher level excellent opportunity to short side.
Nifty future : Trend is down and sell on rise strategy with consider resistance 9930-99350 range and support nearly 9800 +.
Bank Nifty Future : Bank Nifty continue in down side and as long as remain below 24500 weakness towards 24000-23800 possible. Any short stop loss mainted.
Metal Index : After sharp up move, strong selling pressure seen but some support at lower level with consider support 3350-3300, resistance 3500.
Pharam Index : After sharp move some selling were saw in this segment with consider support 9240-9200, resistance 9400 9450 watch out.
PSU Bank Index : As finally break down support level 3180-3200 weakness continue towards 3000-2900 mark.
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