10 likes | 27 Views
Bulls had it their way throughout the session, gaining with every passing hour. Benchmarks ended the day at record high levels. The Nifty managed to clock 11,700-mark as well. At the close of market hours, the Sensex ended up 442.31 points or 1.16% at 38694.11, while the Nifty rose 134.90 points or 1.17% at 11692.00.<br>
E N D
Capital Ways Investment Adviser Connect @ +91-96177-00602 www.capitalways.com For Online Subscription Services Click Here Techno Tomorrow Date: 27/08/2018 INDEX NIFTY OUTLOOK: Bulls had it their way throughout the session, gaining with every passing hour. Benchmarks ended the day at record high levels. The Nifty managed to clock 11,700-mark as well. At the close of market hours, the Sensex ended up 442.31 points or 1.16% at 38694.11, while the Nifty rose 134.90 points or 1.17% at 11692.00.The overall bias would remain positive as long as the Nifty sustains above previous week’s positive gap (11500-11470). Otherwise, there would be lacklustre movement amid stock specific action. The 11650-11700 zone is marked by key price projections based on Fibonacci methods- 138.2% external retracement of entire decline of Feb-March2018(11171- 9951)is placed at 11650; Price parity of April-May 2018 up move(9952-10929) in percentage terms as measured from July 2018 low of 10604, is placed at 11645. SCRIPT LEVEL TARGET STOPLOSS 3080 3180 2980 PEL FUT BUY ABOVE SCRIPT LEVEL TARGET STOPLOSS 637 647 627 RBLBANK FUT BUY ABOVE SCRIPT LEVEL TARGET STOPLOSS 742 752 732 TECHM FUT BUY ABOVE SCRIPT LEVEL TARGET STOPLOSS 1416 1426 1406 INFOSYS FUT BUY ABOVE you can also write us at info@capitalways.com Best Regards Technical Research Desk Capital ways investment adviser Indore (MP)