Wednesday, February 28, 2018

Market out look dated 28th feb

Market out look dated 28th feb
Market are continue in trading range after sharp down side but higher level selling pressure continue in market. Over all trend is bearish and any corrective rally will be decent opportunity to sell side,
Nifty
Resistance continue at 10600 10650i range and support 10450 10400 break down these level selling will move pressure.
Bank Nifty
Resistance nearly 25700 25800 watch out and trading below
25500 down side open towards 25200 25000 mark likely.
rise to sell side.
Remember our target 24500 as mentioned earlier,.
Bank Nifty
Yesterday heavy short build up seen in some stocks
PNB 1.78 crore
ultimate target 75
Ambuja Cement 25 lacs
Bank of India 37 lacs
Union Bank.....24 lacs
SBI.. 27 lacs
ICICI BANK
22 lacs
OBC
short covering 42 lacs
more details
call 9630466296

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