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CapitalWays Techno Tomorrow 22nd May 2018

Markets witnessed heavy selling pressure after opening the session marginally in the green. Mid-cap stocks bore much of the brunt with Nifty Mid-cap 100 index ending the session 1.70% lower.

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CapitalWays Techno Tomorrow 22nd May 2018

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  1. Capital Ways Investment Adviser Connect @ +91-96177-00602 www.capitalways.com For Online Subscription Services Click Here Techno Tomorrow Date: 21/05/2018 Dear Traders, wing our Researcaramete INDEX NIFTY OUTLOOK: Markets witnessed heavy selling pressure after opening the session marginally in the green. Mid-cap stocks bore much of the brunt with Nifty Mid-cap 100 index ending the session 1.70% lower. Bank Nifty relatively outperformed due to the strong gains .INDEX is approaching its important support of 10,440 levels which is 50% tracement of 9998-10929 rally and also back by 50-Day SMA. Bank Nifty too slipped further approaching its support of 21-DEMA of 25,700 levels. SCRIPT LEVEL TARGET STOPLOSS 943 933 953 BEML FUT SELL BELOW SCRIPT LEVEL TARGET STOPLOSS MINDTREE FUT BUY ABOVE 1032 1042 1022 SCRIPT LEVEL TARGET STOPLOSS 309 306 312 JSWSTEEL FUT SELL BELOW SCRIPT LEVEL TARGET STOPLOSS 190.50 189 192 DLF FUT SELL BELOW you can also write us at info@capitalways.com Best Regards Technical Research Desk Capital ways investment adviser Indore (MP)

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