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25 November, 2016

MARKET OUTLOOK:-
  • Nifty Futures Trend Deciding level is 8020 (Intraday Traders)
  • NF Trend Changer Level 8120 (Positional Traders)
  • Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 18.50 points at the opening bell as Asian stocks gained.
  • In overseas stock markets, Asian stocks gained as the Thanksgiving break in the United States pegged the dollar's relentless surge that had sucked capital out of most emerging markets.
  • Nifty failed to move the followup move above 8010 and also closed below 8010 yesterday, As seen in below chart nifty is near gunner support of both horizontal and vertical line indicated a trending move round the corner, Bulls will get active above 8010, for a move towards 8060/8130 and bears below 7890 in between choppy move continues
  • Happy Trading
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Nifty Level future
Up ↑
8030
8055
8120
Down ↓
7990
7960
7880


Action  
  SL
TGT
Buy above
8025
7985
8110
Sell below  
7940
7980
8060

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