Tuesday, September 25, 2018

Market Trend :

Market Trend   :
   Correction Continue……………
   No Respite  - More selling pressure.
Market Out Look :
Weakness continue in market and on Monday across the board selling seen resulted Nifty almost 175 down  and closed below  11000  mark.  Over all bearish trend and remain below 11171-11200 down side open towards 10800-10750 (200 DMA)  thereafter more weakness.  Strategy Sell on rise only.  No buy side.
Nifty Spot  : 
Bearish trend continue with consider Resistance, down side below 10900, more down side towards 10850-10750.   Remain short side.
More down side in coming days

Nifty Target 10750, thereafter more panic...

Bank Nifty..........remain below 26200
down side open towards 23500   + 

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