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03 October, 2016

MARKET OUTLOOK:

-Nifty Futures Trend Deciding level is 8700 (Intraday Traders)
 NF Trend Changer Level 8705 (Positional Traders)
-Nifty to trade volatile and is likely to follow global cues.
-Tension on India Pakistan border to guide sentiments. Expect Nifty to turn volatile as the day progresses.
-Nifty spot if manages to trade and sustain above 8650 level then it is likely to show some upmove and if it breaks and trade below  8580 level then it is likely to show some profit booking.

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Nifty Level future
Up ↑
8645
8690
8730
Down ↓
8620
8595
8555


Action  
  SL
TGT
Buy above
8655
8515
8720
Sell below  
8550
8630
8400


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