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Capitalways Techno Tomorrow 1st Sep 2018

Indian equity indexes ended largely flat on Friday, after trading under pressure for much of the day. the NSE Nifty 50 settled marginally up by 3.70 percent, or 0.03 percent, at 11,680.50. Midcaps ended with gains of 0.35 percent, outperforming frontline indexes.<br>

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Capitalways Techno Tomorrow 1st Sep 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: 31/08/2018 INDEX NIFTY OUTLOOK: Indian equity indexes ended largely flat on Friday, after trading under pressure for much of the day. the NSE Nifty 50 settled marginally up by 3.70 percent, or 0.03 percent, at 11,680.50. Midcaps ended with gains of 0.35 percent, outperforming frontline indexes. The price action formed a sizable bear candle and filled the last session’s gap , indicating a breather after last two sessions 228 points up move.The Nifty has maintained its positive price structure by trading within an upward sloping channel encompassing up move off July low 10604.We believe such a breather would make the market healthy, paving the way for the Nifty to head towards 11925 in coming weeks . In the coming session, the previous session’s low (11679 ) will be the key level to watch as holding above the same would keep positive options open . SCRIPT LEVEL TARGET STOPLOSS 2510 2560 2450 DRREDDY FUT BUY ABOVE SCRIPT LEVEL TARGET STOPLOSS 407 417 397 CADILA FUT BUY ABOVE SCRIPT LEVEL TARGET STOPLOSS 1450 1490 1410 TATAELXSI FUT BUY ABOVE SCRIPT LEVEL TARGET STOPLOSS 2880 2840 BAJFIN FUT SELL BELOW 2920 you can also write us at info@capitalways.com Best Regards Technical Research Desk Capital ways investment adviser Indore (MP)

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