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


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

Comments

  1. what a nice selection of stocks ... Jindal steel and cairn both rocked.. Great calls sir..!

    ReplyDelete

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