Market continue its down tick for the fourth Straight Session Index fell more than 50 Point on the Final Session of the Day. Oil Companies & Auto Companies Major Under performing Sector. IT only Performed Sector for the day.
Nifty Closed on 10793.65 ( 13.02.2019)
First 30 Minute of the Trade will be crucial, Market succeed to hold on above 10780-10800 Level, Index can scale upto 10840/10880/10920.IF Hold on the Level downtick continue & another 50-100 Point fell could be possible.
As market closed below 10800, Bears have slight advantage over Market as per the Technical Aspect.
: Market outlook now on Sell on Rally unless we manage to close above 10850.
“10500 Major Support for the Market, Overall Trend remain on Upside till close above 10500, Once break the Support o a Closing basis then huge Sell off may happen on the Market & that lead 10000”
F&O Ban Stocks: ADANI ENT,JET AIR, IDBI, JISLJALEQS, REL CAP, RPOWER
Earnings to Watch: VOLTAS, ASHOK LEY, DEEPAK FERT, EVEREADY, FINOLEX, GAYAPROJ, GSK, GLENMARK, IBRELAEST, JET AIR, JK TYRE, INFIBEAM, KSCL, NESTLE, ONGC, PAGE IND, UBL.