MARKET OUTLOOK:-
-NIfty Trend Changer Level 10470 (Positional Traders)
-Domestic stocks may open on a flat note on last trading day of calendar year 2017.
-Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 3 points at the opening bell.
-Nifty traders should remain cautious and hold long positions until Nifty trades above 10470.
-New year ahead may decrease volume and volatility in the market.
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-NIfty Trend Changer Level 10470 (Positional Traders)
-Domestic stocks may open on a flat note on last trading day of calendar year 2017.
-Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 3 points at the opening bell.
-Nifty traders should remain cautious and hold long positions until Nifty trades above 10470.
-New year ahead may decrease volume and volatility in the market.
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Nifty Level future
| |||
Up ↑
|
10530
|
10560
|
10590
|
Down ↓
|
10490
|
10470
|
10440
|
Action
|
SL
|
TGT
| |
Buy above
|
10560
|
10495
|
10670
|
Sell below
|
10445
|
10505
|
10325
|