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Stock Tips For Tomorrow : 24/10/2018 (Wednesday)

Published October 23, 2018 Total Comments : 0

THE BENCHMARK INDICES ENDED LOWER ON TUESDAY WEIGHED BY IT AND PHARMACEUTICAL STOCKS AMID WEAK ASIAN MARKETS. THE S&P BSE SENSEX ENDED AT 33,847, DOWN 287 POINTS, WHILE THE BROADER NIFTY50 INDEX SETTLED AT 10,147, DOWN 98 POINTS. AMONG SECTORAL INDICES, THE NIFTY IT INDEX FELL 2.8 PER CENT LED BY FALL IN SHARE PRICES OF WIPRO, INFOSYS AND TCS. THE NIFTY PHARMA INDEX, TOO, DECLINED 2.9 PER CENT WEIGHED BY SUN PHARMACEUTICAL INDUSTRIES. THE RUPEE TRADED ON A WEAKER NOTE DURING THE DAY, SLIPPING TO 73.82 PER DOLLAR IN INTRA-DAY TRADE, UP FROM ITS PREVIOUS CLOSE OF 73.56 PER DOLLAR DUE TO STEADY CAPITAL OUTFLOWS AND STRENGTHENING OF THE AMERICAN CURRENCY.

Nifty Trend And Prediction for Tomorrow

TREND: CONSOLIDATE TO BEARISH
RESISTANCE: 10210, 10275
SUPPORT: 10090, 10035
APPROACH: SELL ON HIGH

Stock Tips For Tomorrow : 24/10/2018

SELL ABCAPITAL BELOW 96 TARGETS 95.1, 94.2, 93.3 STOPLOSS 97.8
SELL WELCORP BELOW 121.5 TARGETS 120.3, 119.1, 117.9 STOPLOSS 123.9
SELL WSTCSTPAPR BELOW 333 TARGETS 329.8, 326.6, 323.4 STOPLOSS 339.4

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