Friday 11 October 2019

NEXT WEEK TREND

12.10.2019 @ 6.59 AM

As per the study by our research team, The bank nifty scrips are trading below critical levels and it should take another week of consolidation to move up.  The table is as below:

All the BN Components are not ready for any big trigger. So let us look for a consolidation.  A close above my number can only take BN index forward.

Nifty 50 Stock analysis says 12 scrips are bearish and 12 are bullish, and other scrips likely to continue the same trend of last week. This consolidation likely to take nifty to a bottom near 11150 before making a big move. I will give nifty trend for next week in a separate posting.

Those interested in stock futures can follow the table and make decent gains.

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