October 24, 2017

MTECHTIPS

MARKET UPDATE

BSE index:19228 a most crucial hurdle crossover above which it’ll spurt up further to 19272 & 19347 initially. Crossover above 19347 it’ll sustain on higher levels & flare up to 19411 & 19519. Downward side 19039 & 18973 are solid supports, buy on declines keeping stop loss of 18859.

Nifty DEC Futures:Buy on declines considering 5835 & 5814 nearest & 5784 a solid support keeping stop loss of 5750. Upward side it’ll rush up further to 5908-5915 initially. Crossover above 5915 it’ll sustain on higher levels & flare up to 5959-5969 & 6007-6025.

Bank Nifty DEC Futures: (12061) Buy considering 11927 a nearest & 11840 a solid support keeping stop loss of 11756. Upward side it’ll spurt up to 12128 initially. Crossover above 12128 it’ll sustain on higher levels & flare up to 12207, 12309 & 12440.

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