decrease top – lower bottom formation
Bearish signals…
more correction on card…?
Market Out look: a market is held in promoting mode after RBI policy and large primarily based selling seen in Banking, metallic, Pharma stocks, but, stock specify motion maintain within the marketplace. Over all brief time period, fashion is down and be prepared for greater correction in near time period.
Nifty Spot: recollect support ten thousand, wreck down lower level aid 9950-9940 and 9910, resistance 10050-10100 watch out. the better degree to sell facet
Nifty destiny: handiest sell aspect………continue to be underneath 10100 bearish views retain in market
bank Nifty future: wreck down support degree 25000 on promote aspect, do not try to back side fishing
PSU bank INDEX: promote on upward push most effective.
lengthy facet: Forts, Ambuja Cements, IOC, Colpal, Bata India, BPCL, Titan, HPCL, TCS.
short facet: Lupin, Union financial institution, Can Bank, Jindal Steel, Syndicate bank, India Cement, Dr. Readdy Lab, Tata Motor, a financial institution of India, bank of Baroda, ITC, ICICI financial institution, LIC Housing, DLF, HDFC ONG, KTK financial institution
Bata India 1238, IOC 4049, Lupin 1655, Coal India 2022 HPCL 1713, Reliance 3352, Ujjavain 510, Tata Motor 2207, ICICI 2178, sun Pharma 2050, Wockhard – 836 .
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