Wednesday, March 21, 2018

Market out look dated 21st March 2018

Market out look dated    21st  March   2018
  Nifty short term support   -  10000-10050
  Market out Look   :           After sharp decline, some support seen at lower lever due to short covering in major front line stocks.   Time being   hold these level some pull back rally towards    10200  or more extended possible towards   10250 10276.   However, these are pull back rally and try to shorting at higher levels.   Avoid bottom fishing. Correction and consolidation are part of the trend and we can not avoid.
Nifty   :            Today support 10090-10050, resistance   10160-10170, crossover it will move towards 10200  and 10250.
Bank Nifty  :                Trading range   24000   to   25000.   Today resistance 24350, crossover some up side towards  24500   thereafter more up side, lower level break  24000  real panic will be start.


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