Friday, 2 February 2018

Nifty To See Gap-Down Opening; 3 Stocks Which Could Return Up To 10%

Posted by suhani varma on Friday, February 02, 2018 with No comments



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The crucial support level which investors should watch out for is 10,900. A close below this level could change the trend in favour of bears.The Nifty50 is expected to open lower on Friday, a day after the Budget 2018. The crucial support level which investors should watch out for is 10,900. A close below this level could change the trend in favour of bears.

Trends on SGX Nifty indicate a negative opening for the broader index in India, a dip of 118 points or 1.08 percent. Nifty futures were trading around 10,930-level on the Singaporean Exchange.

The D-Street witnessed a volatile day as the index moved in a band of over 200-points on throughout the trading session on Thursday which led to a formation of a ‘High Wave’ kind of pattern on the daily candlestick charts.

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