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24 October, 2016

MARKET OUTLOOK:
-Nifty Futures Trend Deciding level is 8705 (Intraday Traders)
 NF Trend Changer Level 8686 (Positional Traders)
-Nifty to trade volatile and is likely to follow global cues.
-Nifty spot if manages to trade and sustain above 8725-8750 levels then it is likely to show some  upmove and if it breaks and trade below 8650 level then it is likely to post some further losses.
-Nifty High made today was 8710 and low made was 8652 so bulls and bears fighting for close  above 8732 and bear below 8656 which should be answered in next week as its very imp time  cycle is getting over.

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Nifty Level future
Up ↑
8715
8730
8775
Down ↓
8690
8670
8635


Action  
  SL
TGT
Buy above
8720
8675
8815
Sell below  
8650
8690
8575


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