Stock market investment tips today and Tomorrow, intraday nifty and stocks Tips and call 16 nov 2018, 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 16 nov 2018
---------------------------------------------------------------------------------------------------------
The overall set up at the current juncture seems to be positive. However, Nifty continues to trade between a narrow trading band of 10,450-10,650. The 200-DEMA resistance zone further on is around the 10,700 levels.
For any kind of meaningful upswing to begin, the Nifty has to surpass the crucial mentioned resistance zone. Post that, we expect the index to rally towards the 11,100 levels in the near term. On the downside, longs should be protected with stop loss around 10,300 levels.
Bank Nifty has already broken out from a classic Cup and Handle pattern on the hourly chart and it has also managed to hold above the same. The index has surpassed important resistance of 25,900 levels and closed above the same which is a positive development. If the momentum prolongs, Bank Nifty is expected to move higher towards potential target of 26,800 levels. Protective stop loss should be placed around 25,800 levels.
For Quick Trial Contact:
✆ - 09699997717✔
✆ - 0731-6626191 ✔
Mail: info@ways2capital.com
✆ Join us on WhatsApp @ 89620-00225 ✆
✆ 24/7 Customer Care 1800-3010-2007 (Toll Free)
0 comments:
Post a Comment