Monday, May 14, 2018

Market out look dated 14nd May 2018

Market are finally break out in upper level and successfullyclosed above 10800 mark alongwith Bank Nifty looking very strong and trading above 26000 more promising in coming days.  Bullish Candle on daily and weekly chart further up move in market.  On the positive side, BJP likely emerged biggest party in Karnataka and they will form a govt with the help of other party.  Any intra day dip to buy side and no short sell idea.  Any short sell should be professional traders with strict stop loss.
Nifty  :
Holding above 10700  up side open towards 11000

Bank Nifty.............
Holding above 26000
up side open a new high..............

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