MARKET UPDATE


 

Market out look dated 14th   Feb

 
After sharp decline  in over all market  seen and likely continue in some more days.   However, long term trend is bullish but short term trend is down.   This is a likely a pull back rally and take advantage to book profit and long liquidate.
 
On the other other hand closely watch Inflation Data of USA  which is responsible for market trend and rising inflation faster interest rates hike likely.
 
Nifty   Support 10480 10500. resistance 10600 10610
Major resistance 10700 10725 watch out.
 
Bank Nifty
consider support 25500   andmajor
support 25200   resistance 26000-26200
watch out.  
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