MENU

Published on 6/12/2018 9:33:11 AM | Source: GEPL Capital Ltd

Uncertainty to rule roost, as participants look to political cues - GEPL

Posted in Market Outlook| #GEPLCapital Ltd #Market Outlook

Now Get InvestmentGuruIndia.com news on WhatsApp. Click Here To Know More

Key Highlights:

NIFTY breaks below 10800 as RISK-OFF sets on the global scene. Uncertainty to rule roost, as participants look to political cues ….

*  NIFTY DEC FUT - CMP : 10833.85

*  FORMATION : HAMMER CANDLESTICK PATTERN

*  DYNAMIC PARAMETER : Indecisiveness shown by dipping RSI (57) & Stochastic (79/66)

*  SUPPORT ZONE : 10770 / 10700 (Gap up of 29th Nov 2018)

*  RESISTANCE ZONE : 10930 / 10980 (100 DMA)

*  VIEW : NIFTY MODERATELY BULLISH TILL ABOVE 10700 

 

*  BANKNIFTY DEC FUT - CMP : 26647

*  FORMATION : DOJI CANDLESTICK PATTERN

*  DYNAMIC PARAMETER : Intraday support taken around 100 DMA (26647)

*  SUPPORT ZONE : 26530 / 26380 (23.6% Fib Retracement)

*  RESISTANCE ZONE : 26925 / 27070

*  VIEW : BANKNIFTY MODERATELY BULLISH TILL ABOVE 26380 

 

To Read Complete Report & Disclaimer Click Here
 

 

For More GEPLCapital Ltd Disclaimer www.geplcapital.com/Disclaimer.aspx & SEBI Registration number is INH000000081.

 

Views express by all participants are for information & acadamic purpose only. Kindly read disclaimer before refering below views. Click Here For Disclaimer