The market closed at two-month low on Friday, tracking weakness in global peers on growth concerns and China volatility. Banks, realty, auto dragged the market while FMCG and select healthcare stocks helped the market show some recovery in last hour of trade.
Its been analysed by the Technical Experts that we can see “Nifty weekly chart strong support at 8220 if it breaks with high volume , more bearishness is expected”
BSE Sensex dropped 241.75 points or 0.88 percent to 27366.07, the lowest level since June 19, after hitting an intraday low of 27131.44. The 50-share NSE Nifty closed tad below the 8300 level.
Weekly Stock Future Trading Tips :
You can make a SELL call on DLF FUTURE Below 112 Targets 109.5 , 107 , 104 Stoploss 117
Also You can go for a Buy ITC FUTURE Above 331.5 Targets 336.5 , 341.5 , 261 Stoploss 321.5
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