MARKET OUTLOOK:-
-NIfty Trend Changer Level 10690 (Positional Traders)
-Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 40 points at the opening bell.
-Among corporate news, shares of state-run oil marketing companies--BPCL, HPCL and Indian Oil Corporation--will be watched after petrol and diesel prices continued to rise for the 15th straight day as state-run oil marketers increased rates in line with crude oil prices.
-Nifty Bulls should hold 10555 for the upmove to continue towards 10666/10720/10800. Bearish below 10510 for a move back to 10470/10410
-NIfty Trend Changer Level 10690 (Positional Traders)
-Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 40 points at the opening bell.
-Among corporate news, shares of state-run oil marketing companies--BPCL, HPCL and Indian Oil Corporation--will be watched after petrol and diesel prices continued to rise for the 15th straight day as state-run oil marketers increased rates in line with crude oil prices.
-Nifty Bulls should hold 10555 for the upmove to continue towards 10666/10720/10800. Bearish below 10510 for a move back to 10470/10410
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Nifty Level future
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Up ↑
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10610
|
10625
|
10675
|
Down ↓
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10580
|
10560
|
10520
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