Nifty Likely To Find Support Near 10,400; 5 Stocks Which Can Give Up To 17% Return

Live & Latest Intraday trading Stock Recommendations tomorrow, Stocks in news,Intraday tips free today, Stock market investment tips today and Tomorrow, intraday nifty and stocks Tips and call 20 December 2017, Nifty Trading Tips, nifty trend tomorrow, nifty stocks, nifty tips intrans, nifty tips provider, stock market investment for beginners, intraday stock tips, intraday trading intraday stocks watch today, best stocks to buy today and tomorrow, hot stocks to buy now, picks in shares of India 20 December 2017.
--------------------------------------------------------------------------------------------------------------------------------

On the technical front, 10,420-10,400 spot levels will act as key support zone for the Nifty index with current trend likely to continue towards 10,500-10,550 levels in the coming sessions.The market undertone remained bullish with the support of consistent short covering and long buildup. The derivative data indicates that the bullish scenario is likely to continue.

The Nifty has multiple strong supports placed at lower levels around 10,420, 10,400 & 10,350 spot levels. We will see some short covering on every dip as put writers were active in the recent rally.

We have seen put writing in 10,300, 10,400 puts along with unwinding in calls. Among Nifty Call options, the 10,500-strike call has the highest open interest of more than 60 lakh shares.However, we have seen unwinding in 10,500 call strike as well in the recent rally which indicates that bears are not feeling comfortable and we can see more upside in Nifty.

On the technical front, 10,420-10,400 spot levels will act as key support zone for the Nifty index with current trend likely to continue towards 10,500-10,550 levels in the coming sessions

For Quick Trial – 8962000225 ✔ 

or mail us here: info@ways2capital.com 
or visit http://www.ways2capital.com 
✆ - 0731-6626222 | Toll Free - 1800-3010-2007✔ 

Give a Missed Call for Free Trial - 09699997717