Wednesday 21 October 2015

Market View - 21st October 2015

Till now market has been positive, but now it is loosing steam.

There is gap at 8320 and nearby that it has taken resistance. The option data
suggest that for this month, we may see market in the range between
8000-8300.

So now it is better to be on the selling side. So book all profits and wait for
the dip to buy.

Sell Nifty Futures @ 8250-8260
SL 8320
Target 8180, 8130

Duration - 2 to 3 days