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18 January, 2017

MARKET OUTLOOK:
-Nifty Futures Trend Deciding level is 8410 (Intraday Traders)
-NF Trend Changer Level 8280 (Positional Traders) 
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 14.80 points at the opening bell amid mixed Asian cues.
Overseas, Asian stocks were mixed. US stocks retreated yesterday, 17 January 2017, as investors remained cautious in the wake of President-elect Donald Trump's charge that a strong dollar is hurting the economy. Trump's comments on the dollar sent the currency sharply lower.
-Nifty  Bulls need close above 8460 for move towards 8500/8555. Bear below 8370 for move towards 8328/8280.
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    Nifty Level future
    Up ↑
    8435
    8460
    8520
    Down ↓
    8390
    8345
    8280


    Action  
      SL
    TGT
    Buy above
    8450
    8398
    8550
    Sell below  
    8360
    8400
    8280

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