Wednesday, 15 November 2017

Nifty To Open Gap Down; 4 Top Stocks To Pick For Handsome Returns

Posted by suhani varma on Wednesday, November 15, 2017 with No comments



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The Nifty opened on a muted note and failed to build momentum on the upside as bears took control of D-Street pushing the index below 10,200 on Tuesday.

The Nifty closed at 10,186.60 on Tuesday. According to Pivot charts, the key support level is placed at 10,158.73, followed by 10,130.87. If the index starts to move higher, key resistance levels to watch out are 10,231.23 and 10,275.87.

The Nifty Bank closed at 25,284.60 on Tuesday, down 73.7 points. Important Pivot level, which will act as crucial support for the index, is placed at 25,203.53, followed by 25,122.46. On the upside, key resistance level is 25,385.23, followed by 25,485.87.

The Nifty50 futures on the Singapore Stock Exchange were trading 31.5 points lower at 10196 indicating a negative opening for the domestic market.

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