Nifty Open on a Flattish note from it s previous Day Close. As we update on our Previous Market outlook, ie Once sustain above 11620 can take the market higher 11660 , Index behave exactly the same & hit the day high of 11657.35
Nifty Closed on 11643.45 ( 12.04.2019)
During the Friday, Market spike to 11660 but fail to give a close above 11660.
As per the Technical Perspective, 11660 important level to taken out for the significant upside on the market. once 11660 could surpass and Index hold on above the level, then Market will see an upside to 11700/11740 on a Intraday Point of view.
On the Downside, 11600 Intermediate Support for the Market. Any sort of Downtick till 11600 can be consider as a Good buying opportunity. At any point 11600 could break and Nifty sustain, Market slip into a significant correction that likely cut 80/130 point sharply.
F&O Ban Stocks: DHFL, DLF, IDBI, JET AIRWAYS, RPOWER, WOCKPHARMA
RESULT ON 15.04.2019
TV18 BROADCAST, TRF, TINPLATE, TATAMETALI, RIIL, NETWORK18, HATHWAY.