Wednesday, September 26, 2018

Market trend : -

  Rally will face Resistance 11171---11200- thereafter 11300-11350
Bank Nifty   - Resistance 25600-25700
Trend Reversal Set Up  - Avoid Fresh Short   - Weakness  Nifty below 10850
Market Out Look :
High volatile and roller coaster seen on Tuesday trading and finally FM come to rescue in market and positive sentiment developed resulted heavy short covering from lower level  and across the board buying seen resulted  Nifty from a low 10880 closed with a massive gain of 180 points and Bank Nifty  from a low to hih gained more than 700 points.  Short term trend have been change and time to any decline to buy side and looks that govt are fully supporting market which is lead by LIC.


Nifty Spot  : 
Strong recovery from lower level  and finally closed with massive gain.  Today consider support 11010 and 10940, upper side resistance 11171—11200, once sustained and crossover, it will show real move in market and big move on card.
www.3mteam.in   

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