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14 December, 2017

MARKET OUTLOOK:-
-Nifty Futures Trend Deciding level is 10262 (Intraday Traders)
-NF Trend Changer Level 10221 (Positional Traders)
-Market may surge in early trade on positive global cues after the US Federal Reserve raised interest rates for the third time this year.
-Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could surge 51 points at the opening bell.
-Nifty High made today was 10296 so bulls again got whipsawed above 10270 and once below 10220 bears again took charge and corrected till 10175.
-Nifty Bullish above 10250 for a move towards 10320/10410. Bearish below 10150 for a move towards 10090/ 10000.
-we should get 150-200 points move in nifty also we have the event overhang of election results.

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Nifty Level future
Up ↑
10230
10255
10300
Down ↓
10200
10175
10135


Action  
  SL
TGT
Buy above
10305
10240
10425
Sell below  
10200
10265
10080

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