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S&P CNX Nifty future closed down -47.00 points at 10303.15. Indian Stock Market to open flat. Indian Stock Market has entered into negative zone. Nifty has formed a Bearish Engulfing candlestick pattern and that suggest that market has seen a reversal from its uptrend 10490 looks to be a short term top and some further profit booking can’t be ruled out. Now, If Nifty breaches 10340, then traders can go short in Nifty with next targets near 10275-10240-10143 spot levels.
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Capital Ways Financial Services NSEnse Connect @ +91-96177-00602 www.capitalways.com For Online Subscription Services Click Here Techno Tomorrow Date: 08/11/2017 Dear Trrs, Folloing our Researcaramete INDEX NIFTY OUTLOOK: S&P CNX Nifty future closed down -47.00 points at 10303.15. Indian Stock Market to open flat. Indian Stock Market has entered into negative zone. Nifty has formed a Bearish Engulfing candlestick pattern and that suggest that market has seen a reversal from its uptrend 10490 looks to be a short term top and some further profit booking can’t be ruled out. Now, If Nifty breaches 10340, then traders can go short in Nifty with next targets near 10275-10240-10143 spot levels. SCRIPT LEVEL TARGET STOPLOSS 780-786 774 768 PIDILITIND FUT BUY ABOVE SCRIPT LEVEL TARGET STOPLOSS RAYMOND FUT SELL BELOW 955 945-935 965 SCRIPT LEVEL TARGET STOPLOSS 636 642-648 JETAIRWAYS FUT BUY ABOVE 630 SCRIPT LEVEL TARGET STOPLOSS L&TFH FUT SELL BELOW 189.50 187.50-185.50 191.50 You can also write us at info@capitalways.com Best Regards Technical Research Desk Capital Ways Financial Services Indore (MP)