Thursday, 29 November 2018

CAPITAL STROKE :- MARKET UPDATE

Podcast | Stock picks of the day: Near-term resistance at 10,990–11,070 for Nifty

 Level of 10780 – 10700 will act as an immediate support whereas on the higher side, 10990 – 11070 will be a near-term resistance for the index.

CAPITAL STROKE
After taking a sharp U-turn during the second half of the trading session at the beginning of the week on Monday, Nifty saw a significant rally during the rest of the week.

Thursday’s trading session certainly proved the strong presence of bull as Nifty opened higher with a gap and saw mammoth buying interest throughout the session.

In that optimism, the index convincingly closed above the daily 200-DMA & 89-EMA, respectively, which was earlier acting as a strong wall of resistance.

For more market update visit website www.capitalstroke.com

 

 

 

 

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