6 November 2017

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 7 NOV 2017

Market ended rangebound trading session on a mixed note. The Sensex closed at 33731, up by 45 points, while Nifty pulled back from record on profit- booking and ended in the negative terrain. Nifty future has closed 7 points down at 10479 it has opened at 10452 made a high of 10530 & low of 10441, total 89 points nifty has moved in intraday.
We continue to keep our analysis on similar lines for Tuesday’s trade. The market is overbought but strong. In all likelihood, the Nifty is likely to keep pushing itself for minor marginal highs, but at the same time it will remain vulnerable to consolidation at higher levels.  We will now watch out for 10555 and 10595 levels on the higher side. Supports should come in at 10400 and 10,350 levels. 
More about intraday tips on Google +
Resistance: 10550, 10570, 10595
Support: 10430, 10370, 10350

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