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CapitalWays Techno Tomorrow 23rd May 2018

Index failed to cash in on positive close from the previous session. Markets traded sideways for the major part of the day before witnessing a heavy selling pressure in the final hour of trade with Nifty breaching its crucial support level of 10,500 ending the session 1.02% lower.

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CapitalWays Techno Tomorrow 23rd May 2018

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  1. Capital Ways Investment Adviser Connect @ +91-96177-00602 www.capitalways.com For Online Subscription Services Click Here Techno Tomorrow Date: 23/05/2018 Dear Traders, wing our Researcaramete INDEX NIFTY OUTLOOK: Index failed to cash in on positive close from the previous session. Markets traded sideways for the major part of the day before witnessing a heavy selling pressure in the final hour of trade with Nifty breaching its crucial support level of 10,500 ending the session 1.02% lower. The Nifty 50 made a bearish candle on the daily charts and if the index stays below 10,500 then weakness could continue towards 10,325-10,300 levels. SCRIPT LEVEL TARGET STOPLOSS VEDL FUT SELL BELOW 251 248 254 SCRIPT LEVEL TARGET STOPLOSS SAIL FUT SELL BELOW 68.50 67.50 69.50 SCRIPT LEVEL TARGET STOPLOSS 1210 1220 1200 TATAELXSI FUT BUY ABOVE SCRIPT LEVEL TARGET STOPLOSS 286.50 284 289 HINDPETRO FUT SELL BELOW you can also write us at info@capitalways.com Best Regards Technical Research Desk Capital ways investment adviser Indore (MP)

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