|Market out look dated 23rd March 2018
Ready for Big Fall –
Nifty Below 10000 –
Bank Nifty – Below 23800
Blood Bath in Stareet
Market out Look : Market trend is down and continue having resistance 10200 10220 and finally break down earlier support 10133 and closed below. As only 4 days are left of expiry of March 2018, Financial year ending, long weekend and LTG effect in market, heavy long unwinding and selling . On the other hand world market also panic due to trade war fear. No Buy only short side.
Nifty : Consider resistance 10150-10180, down side trading below 10000, get open towards 10050, 10000, thereafter non stop target 9937 likely.
Bank Nifty : Trading range 24000 to 245000, Break down 24000 heavy sell of towards 23800 23700 likely.
Short Side : SBI, ICICI Bank, Yes Bank, Voltas, Jet Airways, and many more.