|Market out look dated 22nd March 2018
Trading Range Nifty 10150 to 10300
Bank Nifty – 24000 to 24500
Pull back Rally use Short Side.
Market out Look : Market are continue in volatile sessions and oopen with decent move but higher level heavy selling pressure seen and finally closed with some gain. However, trend is down and sharp rise to decent opportunity to short side. Down side first target 10000 and once below major weakness in market.
Nifty : Trend is down with consider support 10140, higher level resistance 10230, crossover move towards 10276 10300 whereas decent opportunity to short side.
Bank Nifty : Trading range 24000 to 24500, crossover 24500, up side towards 24750 and 25000, lower level support around 24200-24000, break down these level major weakness and over all selling in market.