Tuesday, May 22, 2018

Market out look dated 22nd May 2018



Market are continue in bearish mode once it was broken support level 10700 and finally it was made a low 10500  and closed below 10560 mark.    Strong bear grip and as long as remain below 10560, down side towards 10450 10440 10400 mark easily.

Bank Nift
Break down support level 26000  and remain below down side target 25500 25200 25000 likely in coming days.   Heavy short sell added in front linestocks.   However some short covering seen in govt. PSU bank stocks.

Sell Side..............
Cipla
GRASIM
TATA MOTORS
VEDL
HINDALCO
TATA STEEL
AXIS BANK

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