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Intraday Trading Tips For Friday : 19th October

Published October 17, 2018 Total Comments : 0
intraday trading tips

SNAPPING ITS THREE-DAY WINNING STREAK, THE DOMESTIC EQUITY MARKET SLIPPED INTO THE NEGATIVE TERRITORY ON WEDNESDAY AMID HEAVY SELLING IN AUTO AND FINANCIAL STOCKS. THE S&P BSE SENSEX LOST 383 POINTS OR 1 PER CENT TO SETTLE AT 34,780 WITH YES BANK BEING THE TOP LOSER (DOWN NEARLY 7 PER CENT) AND ITC (UP OVER 1 PER CENT) THE TOP GAINER. THE BROADER NSE’S NIFTY50 INDEX LOST 132 POINTS OR 1.24 PER CENT TO END AT 10,453. BANK STOCKS CAME UNDER PRESSURE ON THE BACK OF WEEKLY EXPIRY. THE NIFTY BANK INDEX FELL 401 POINTS OR 2 PER CENT TO SETTLE AT 25,189. AUTO STOCKS TOO TUMBLED DURING THE SESSION WITH THE NIFTY AUTO INDEX ENDING 3 PER CENT LOWER AT 8,835.

Nifty Trend and Market Prediction

Friday’s Nifty trend is supposed to be consolidate to bullish with the Resistance 10630-10805 and Support 10355 -10260.. Sell on high approach should followed for high profit.

Intraday Trading Tips For Friday : 19th October

SELL WELSPUNIND BELOW 61.5 TARGETS 60.9, 60.3, 59.7 STOPLOSS 62.7
SELL DBL BELOW 458 TARGETS 453.5, 449, 444.5 STOPLOSS 467
SELL TRIVENI BELOW 44.5 TARGETS 44.1, 43.7, 43.3 STOPLOSS 45.3

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