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The 50-share index managed to scale a fresh record high of 11,185.85, surpassing the previous levels of 11,171 that was recorded earlier this year. There was some last hour volatility and weakness ahead of F&O expiry, but PSU banks’ strength ensured that it managed to clock fresh record highs on both indices.<br>
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Capital Ways Investment Adviser Connect @ +91-96177-00602 www.capitalways.com For Online Subscription Services Click Here Techno Tomorrow Date: 26/07/2018 INDEXNIFTY OUTLOOK: The 50-share index managed to scale a fresh record high of 11,185.85, surpassing the previous levels of 11,171 that was recorded earlier this year. There was some last hour volatility and weakness ahead of F&O expiry, but PSU banks’ strength ensured that it managed to clock fresh record highs on both indices. Nifty has undergone a healthy consolidation (11080 -10925) and formed a higher base formation around 10700, which set the stage to challenge the all -time high of 11172, going ahead. In the coming session, we expect the Nifty to trade with a positive bias amid stock specific action as Q 1FY19 earning season remains in focus. SCRIPT LEVEL TARGET STOPLOSS 95.60 98.60 92.60 BANINDIA FUT BUY ABOVE SCRIPT LEVEL TARGET STOPLOSS 223.50 229.50 217.50 AMBUJACEM FUT BUY ABOVE SCRIPT LEVEL TARGET STOPLOSS 191 195 187 DLF FUT SELL BELOW SCRIPT LEVEL TARGET STOPLOSS 940 920 960 MINDTREE FUT SELL BELOW you can also write us at info@capitalways.com Best Regards Technical Research Desk Capital ways investment adviser Indore (MP)