10 likes | 39 Views
The Nifty continued to remain choppy throughout the day and finally ended 60 points higher. Nifty futures ended at a premium of 23 point. Volatility persisted as traders awaited clarity on government formation in Karnataka after BJP fell short of the halfway mark.
E N D
Capital Ways Investment Adviser Connect @ +91-96177-00602 www.capitalways.com For Online Subscription Services Click Here Techno Tomorrow Date: 16/05/2018 Dear Traders, wing our Researcaramete INDEX NIFTY OUTLOOK: The Nifty continued to remain choppy throughout the day and finally ended 60 points higher. Nifty futures ended at a premium of 23 point. Volatility persisted as traders awaited clarity on government formation in Karnataka after BJP fell short of the halfway mark. The correction could have been much steeper had it not been for strong gains in FMCG stocks with HUL and ITC gaining 3.87% and 1.42%, respectively. 10680-10700 is the support for market. SCRIPT LEVEL TARGET STOPLOSS 1930 1950 1910 BAJAJFIN FUT BUY ABOVE SCRIPT LEVEL TARGET STOPLOSS WIPRO FUT BUY ABOVE 275 278 272 SCRIPT LEVEL TARGET STOPLOSS 133 131.50 134.50 BANKBARODA FUT SELL BELOW SCRIPT LEVEL TARGET STOPLOSS 1330 1345 1315 ASIANPAINT BUY FUT ABOVE you can also write us at info@capitalways.com Best Regards Technical Research Desk Capital ways investment adviser Indore (MP)