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
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
|
Comments
Post a Comment