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22 September, 2016

MARKET OUTLOOK:

-Nifty Futures Trend Deciding level is 8823 (Intraday  Traders)
 NF Trend Changer Level 8803 (Positional Traders)
-Indian Stock Market would open Gap Positive,Technically,  Nifty is still in positive zone,

-US FED kept the rate unchanged  and hence we would see  sharp positive movement in Indian  Stock Market backed by  the banking sector and there is the  possibility that  BankNifty may enter into positive zone by  closing above  20091 spot levels. Now the only worry for  Indian Stock  Market is the rising tensions between India and  Pakistan  and that may dampen the positive rally.
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Nifty Level future
Up ↑
8925
8885
8845
Down ↓
8825
8800
8760


Action  
  SL
TGT
Buy above
8830
8794
8905
Sell below  
8745
8791
8650



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