Market Outlook for Next Week
Weekly Gain/ Loss
Nifty: +19 (+0.23%)
Bank Nifty: 326 (+1.36%)
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 has broken out of one of the major resistance of 20500. If it manages to hold on to this level then it would be testing 21000 in the short term
Nifty: +19 (+0.23%)
Bank Nifty: 326 (+1.36%)
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 has broken out of one of the major resistance of 20500. If it manages to hold on to this level then it would be testing 21000 in the short term
Stock Picks For Next Week
Stock Name
|
CMP
|
Above/ Below
|
Target 1
|
Target 2
|
Stop Loss
|
Piramal Ent
|
1875
|
1900
|
1960
|
1990
|
1860
|
Cairn India
|
288
|
290
| 298 |
305
|
282
|
Jindal Steel
|
93
|
95
| 99 |
105
|
91
|
what a nice selection of stocks ... Jindal steel and cairn both rocked.. Great calls sir..!
ReplyDeleteThank You Sir :)
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