03/08/2017
3rd Aug 2017
Daily Equity Market Outlook
“The investor of today does not profit from yesterday’s growth.”
Good Morning!! All the traders, investors and chartist of BullBear Device family. In the battle between Bull and Bear of this market, we wish the entire BullBear Device App holder to another winning and profitable trading day.
Now here is our Morning daily outlook of NIFTY, BANK NIFTY.
Nifty Aug futures loss in 0.57% and closed at 10081 On Wednesday, Nifty Aug futures open interest increased by 6.07%
Nifty expected to open in positive zone. Technically on daily chart Nifty Aug future having a very good resistance at 10200 level, support seen at 10100. Intra-day traders advice to Buy Nifty Aug future Above10150 with stop loss of 10100
and wait for the target price of 10200
NIFTY
Bank Nifty Aug futures loss 0.55% and closed at 25055 on Wednesday, Bank Nifty Aug futures open interest increased by 4.50%.
Bank Nifty expected to open in positive zone. Technically on daily chart Bank Nifty Aug future having a very good resistance at 25350 level and support seen at 25050 level. Intra-day traders advice to Buy Bank Nifty Aug future above 25200 with stop loss of 25050 and wait for the target price of 25350.