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27 January, 2017

MARKET OUTLOOK
-Nifty Futures Trend Deciding level is 8570 (Intraday Traders)
-NF Trend Changer Level 8570 (Positional Traders)
-The market is likely to open higher on positive global cues as domestic stocks resume trading after a one-day holiday yesterday, 26 January 2017, on account of Republic Day.
-Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 54 points at the opening bell.
- Bearish only on close below 8432 till 8432 is held we can move all the way towards 8969 over next 2 months.
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    Nifty Level future
    Up ↑
    8500
    8520
    8570+
    Down ↓
    8430
    8410
    8350


    Action  
      SL
    TGT
    Buy above
    8620
    8570
    8710
    Sell below  
    8490
    8540
    8400

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