October 24, 2017

MTECHTIPS

MTECHTIPS:MARKET UPDATE

BSE index: (19348) Keep stop loss of 19257 to your buys. Upward side crossover above 19417 it’ll rush up to 19472 initially where profit booking will be seen. In better scenario crossover above 19472 it’ll sustain on higher levels & flare up to 19534 & 19597-19632.Downward side break below 19257 it’ll fall down correctively to 19165 & 19104.

Nifty DEC Futures: (5925) Crossover above 5933 it’ll rush up to 5959 initially where profit booking will be seen. In better scenario crossover above 5959 it’ll sustain on higher levels & flare up to 5973 & 6006.
Downward side 5910 a crucial support, keep stop loss of 5888 to your buys. Break below 5888 it’ll fall down correctively to 5864, 5847 & 5820.

Bank Nifty DEC Futures: (12265) Buy considering 12206 a crucial support keeping stop loss of 12120. Upward side it’ll spurt up to 12404 & 12483.
Downward side break below 12120 it’ll fall down correctively to 12015 & 11950.

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Mtech

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