Stock Market Update 12-02-19

Stock Market Update India
Indian Stock Market Update

Market Outlook

Market witness a steady fall as we updated on our Previous Market outlook of 11.02.2019 ie, Sustain below 10900 will witness a downside ( https://goo.gl/Tk6B9u)

Nifty Closed on 10888.80 ( 11.02.2019)

10900 pivot level for the Market. Once Index sustain above 10900 Level, then we can witness a upmove towards 10930/10960/11000.

On the Downside, 10840 seems to be the Minor Support for the Market & 10800 be the Intermediate Strong Support.

Overall Market behave on a sideways until we witness a strong break out on above 11000 -or- below 10800.

IF we break down below 10800& sustain at any point then fresh selling pressure arise & witness a sharp cut of 150 Point at least.

F&O Ban Stocks: ADANI ENT, DHFL, IDBI, JET AIR, REL CAP, RPOWER.

Earnings to Watch: SUN PHARMA, 3M INDIA, BATA INDIA, CG POWER, COAL INDIA, CONCOR, HEG, HINDALCO, INDIAN HOTEL, JAIN IRRIGATION, NATCO PHARMA, NCC, NLC INDIA, OIL INDIA, RCF, PRESTIGE ESTATE.

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