Market out look dated 9nd May 2018


Market Trend Market are in trading mode before Karnataka result time to market watch, hoever, we think there is no big impact in market.  However, any positive for BJP will lift new high.  Over all looks positive side and market ready for again up side break out which will move towards 11000  mark.
Nifty  Spot Downside support 10660-10680 Upside Resistance 10750-10780 crossover will move faster towards 10980  11000 mark.

 

Intra Day Scaneario :     Trend bullish,  support 10600-10610

Weekly Scaneario :    Best : 10900  Worst case : 10467

3month Scaneario :  Best Case –11200 Worst case 9145

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