- Posted by Alpesh Vora
- On January 19, 2018
- 0 Comments
- discount broker in india, Discount Broking india, market outlook in india, Stock Market
As we have earlier mentioned in our market outlook to remain cautious due to forthcoming budget market likely to remain highly volatile. It is highly advisable to keep stop loss of position. Since last couple of days, market is moving in an abnormal way. Only indices are remain firm while stock specific many stocks were down. Mid cap index was also down heavily so remain cautious. Buying on any dips is advisable.
Intraday trader should buy NIFTY FUTURE at the level of 10,735 for the target of 10,860. Keep a strict stop loss of 10,675.
Intraday trader should buy NIFTY BANK at the level of 26,250 for the target of 26,550. Keep stop loss of 26,100.