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Market Outlook for Next Week ….

Nifty bang on our target 19848 , given on 4th November when all the blue channels & analysts were giving scary targets .

Now after achieving target as always market will consolidate with swift moves in indices to shake out the weak hearted Investors. You will see crazy moves in select stocks due to portfolio churning . 

Now the most useful question, what next ?

The bullish momentum in Nifty & select stocks will continue . Bank Nifty with select banks and NBFC’s will have to cope with the RBI Googly . 

Technically :

Nifty PCR at 0.87

Bank Nifty PCR at 0.59

India Vix down at 11.83

Nifty support : 19689,19641,19600

Resistance     : 19808,19858,19900


Bank Nifty      : 43245,43000

Resistance     : 43758,44000

Any Feedback or Query 

WhatsApp : 9437024967

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