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18 December, 2017

MARKET OUTLOOK:-
-Nifty Futures Trend Deciding level is 10370 (Intraday Traders)
-NF Trend Changer Level 10234 (Positional Traders)
-Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could surge 53.20 points at the opening bell.
-Marketmen will keenly track the outcome of the recently concluded assembly elections in Himachal Pradesh and Gujarat. Counting is underway and early leads showed BJP leading in both the states. BJP was leading in 57 seats while Congress was leading in 21 seats in Gujarat. Results of both the states will be announced today, 18 December 2017.
-Nifty Bulls need a close above 10410 on Closing basis for the next big move towards 10470/10525/10600.Bearish below 10270 for a move towards 10200/10090.

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Nifty Level future
Up ↑
10390
10425
10460+
Down ↓
10320
10290
10250


Action  
  SL
TGT
Buy above
10410
10330
10540
Sell below  
10250
10325
10100

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