Nifty50’s outlook turns cautious; supports come in much lower
For any serious upmove to occur, the market will have to take out the levels of 10,490.
Milan Vaishnav CMT MSTA
Market outlook: Nifty50 may consolidate a bit; watch out for the 10,490 level
The market on Thursday may see a quiet opening, and may also show some buoyant intent.
Market outlook: Nifty likely to test 10,490, may face profit-taking at higher level
The levels of 10,490 and 10,535 will play out as resistance levels for Wednesday.
Market outlook: Nifty50 likely to edge higher in a volatile trade
Caution is advised as the market may see resistance once it approaches higher levels.
Market outlook: Nifty will dance to the tune of election outcome
The 10,390 and 10,435 levels will act as immediate resistance for the Nifty50 index.
Dalal street week ahead: Nifty to stay volatile; upside capped
Markets may see a positive but volatile start to the week on Monday.
Market outlook: Pullback rally to continue but Nifty’s upside seems capped
The levels of 10,310 and 10,360 will act as immediate resistance area for the market.
Market outlook: Nifty likely to open mildly in green; 10,180-10,110 levels key
Important for Nifty50 to not significantly breach the 10,180-10,200 support levels.
Market outlook: Breach of 50-DMA to take Nifty lower; keep overall exposure light
Wednesday’s session will see 10,265 and 10,300 playing out as immediate resistance levels.
Market outlook: Rally to continue but Nifty may face resistance at 10,360-10,380 level
Long positions were seen building in Bharti Airtel, Tata Power, Tata Global, ITC and DLF.
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