Nifty Trend and Levels For Tomorrow(16 January 2017)

The Equity benchmark indices on Friday settled marginally lower after market heavyweight TCS slumped on worries about its future following key management changes. The stock market is turning cautious in spite of a good start to the result season. Additionally, global market will be watchful next week as Donald Trump will take oath and assume office. His economic agenda will be the key factor to influence the market. The BSE Sensex ended at 27,238, down 9 points, while the Nifty50 closed at 8,400, with 7 points down on Friday.

Nifty Stock Tips For Tomorrow(Expert Prediction)

Buy SKMEGGPROD Above 71 Targets 72, 73, 74 Stoploss 69
Buy JUBLINDS Above 338 Targets 341, 344, 347 Stoploss 332
Sell GOACARBON Below 113 Targets 112, 111, 110 STOPLOSS 115

Nifty Trend and Levels For Tomorrow

Screenshot from 2017-01-14 12:05:51TREND: Bullish to Consolidate
RESISTANCE: 8470, 8520
SUPPORT: 8370, 8320
STRATEGY: Buy on Dips

 

 

 

 

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