20th November 2017 Positive momentum likely to continue, Buy near 10260 levels: Benchmark indices on Thursday broke their three-day losing streak and closed in the positive territory. Photo of the Day | Sunrise of Hpa-an The Nifty rose 0.96% from the previous close to end at 10215 levels. Value fishing at lower levels and the strength in Asian markets helped domestic equity markets rise yesterday for the first time in four days. Selective accumulation in IT, banking and oil & gas counters further lifted the sentiments. Read More:: Expert Trading Calls - 17th November 2017 Nifty For the day to watch India’s FX reserves data will be released today post market hours. Technically, Nifty bounced after testing 50 EMA yesterday which is a positive sign for the markets indicating that the broader trend in the index is still intact unless 10090 levels are breached. The index may face resist...
Positive momentum likely to continue, Buy near 10260
levels: Benchmark indices on Thursday broke their three-day
losing streak and closed in the positive territory.
Photo of the Day | Sunrise of Hpa-an The Nifty rose 0.96% from the previous close to end at 10215 levels. Value fishing at lower levels and the strength in Asian markets helped domestic equity markets rise yesterday for the first time in four days. Selective accumulation in IT, banking and oil & gas counters further lifted the sentiments.
Read More:: Expert Trading Calls - 17th November 2017
Nifty For the day to watch India’s FX reserves data will be released today post market hours.
Technically, Nifty bounced after testing 50 EMA yesterday which
is a positive sign for the markets indicating that the broader trend
in the index is still intact unless 10090 levels are breached.
The index may face resistance at 10250 and 10320 levels during the
day while supports are placed at 10180, 10140 levels.
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