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CapitalWays Techno Tomorrow 6th Sep 2018

A good recovery in the last hour has helped the market close with shallow cuts. The Nifty shed about 70-odd points from its low point. At the close of market hours Nifty is down 43.30 points or 0.38% at 11477.00. Going ahead, we expect the Nifty to hold the key value are of 11500 in the coming session.<br>

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CapitalWays Techno Tomorrow 6th Sep 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: 05/09/2018 INDEX NIFTY OUTLOOK: A good recovery in the last hour has helped the market close with shallow cuts. The Nifty shed about 70-odd points from its low point. At the close of market hours Nifty is down 43.30 points or 0.38% at 11477.00. Going ahead, we expect the Nifty to hold the key value are of 11500 in the coming session. Thus, any cool off towards 11500 should be used as incremental buying opportunity. Failure to do so, the index may enter into consolidation (111760- 11400) as it has rallied almost 10% over the past eight weeks leading weekly stochastic oscillator to trade in overbought territory (at 90) along with mild negative divergence. SCRIPT LEVEL TARGET STOPLOSS 312 322 302 KPIT FUT BUY ABOVE SCRIPT LEVEL TARGET STOPLOSS 675 700 650 GLENMARK FUT BUY ABOVE SCRIPT LEVEL TARGET STOPLOSS 273 266 280 INFRATEL FUT SELL BELOW SCRIPT LEVEL TARGET STOPLOSS 875 850 INDIGO FUT SELL BELOW 900 you can also write us at info@capitalways.com Best Regards Technical Research Desk Capital ways investment adviser Indore (MP)

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