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29-Aug-16
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Market out look for Monday..................

Nifty are continue in trading range between 8500 to 8700 however, higher level some selling pressure continue observed. Now we may consider resistance near to 8600, down side below 8520 some selling pressure will be aggravated towards 8450 8400 whereas the strong support and likely to bounce back on the card.

Bank Nifty also in trading range for the last some sessions between 196200 to 19500. Think to fresh up move and long above 19500, and any long should be stop loss 19200, whereas below correction on the card towards 19000 and 18500 whereas the highest puts are hold.

As per stock specify...........

Time to Sell side.. ICICI Bank, Bank of Baroda, SBI, Union Bank , HDIL, DLF, Bharti Tele and many more.

Buying at lower level, Axis Bank, Reliance, BPCL, HPCL, etc.

Equity
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