Market Outlook for Next Week

Weekly Gain/ Loss

Nifty: +9 (+0.1%)

Bank Nifty: -176 (-0.87)


Technical Outlook: Nifty consolidates between 8700 and 8850, any break out of this range would lead to next further up or down move.
market's focus shifting from earnings to election. Consolidation might continue early next week atleast.
Bank Nifty Looks too consolidates in the range of 20000 and 20500. any breakout or break down from these levels would lead to further 2-3% up or down move



Stock Picks For Next Week

Stock Name
CMP
Above/ Below
Target 1
Target 2
Stop Loss






Yes Bank
1416
1425
1455
1470
1390
BEML
1305
1320
1370
1420
1280
Motherson
Sumi
354
360
375
390
350

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