TECHNICAL E- LIBRARY 3MTEAM BLOG CSR
BlogSpot Link     3mteam1
Wordpress Link     3mteamsecurity
17-Oct-17
Entry:...................
Entry:.....................
Entry:.....................
Entry:..................
*You can select multiple services

Market out look  17th Oct 2017

 

 

Nifty Above 10200 target 10500 10700

Bank Nifty – Above 25200 target 26500 +

 

Due to long weakend –

Time for consolidation

Trade Low volume Trade

 

Market out Look   :          Market are continue in bullish trend and almost all sector are participating specially Metal are showing major strength and up move continue.  However due to vacatgion and Diwali festical we expect that time for consolidation and there is no big up side in next two trading sessions, however, some profit booking can not be ruled out.  Now time to some profit at home on the eve of Diwali Festival and major trigger and result after weakness over.

Technical Out Look

Nifty  :      Consider support   10150-110170  and resistance nearly 10250-10270  crossover more up side but sudden profit booking in the market likely.

Nifty future  :      Buy on decline around 10200-10205 with stop loss 10150 target 10250 10280 10300.  Trade and sustained above 10200 strong positive bias in market.

Bank Nifty Future :        Smart recovery seen and a very short term 800 points rally which is mainly lead by HDFC Bank, Kotak Bank and Axis Bank.  Trend is positive and last and final resistance 25200 thereafter major up side and broad based rally in all banking stocks including PSU bank which is laggered at current level.    Now time to pause with consider support 24500  and below time to sell side.

Metal Index    :      Metal stocks and Index continue out perform which is lead by Tata Steel, Vedl and Hindalco.   Over all up move continue as commodity price in world wide trading their new high.  Consider support 3800-3790 and resistance 3850-3860 watch out.

 Pharam Index     :        Consider support 9300-9350 range and up side open towards 9800-10000 mark.  Dr Readdy Lab Sun Pharma, Aurbindo Pharma, Cipla, and Divis Lab very hot and any dip to go long side.  Very Hot.

PSU Bank Index     :           Trend is down but now over sold  and some recovery in front line PSU bank likely.  Consider support 3000-2950 and resistance 3080-3100  in near term.

Long Side  :       Federal Bank, M&M  , M&M Finance and many more

Short Side :      DCB Bank, Indus Bank Colpal and godrej Industries.

Stock of Month   :   Bharti Tele….Yesterday move 30 points.

 

More details call

3M Team Research

www.3mteam.in

9630466296

 

 

  

Equity
  Research Report
  Cash Stock Call
  Future Stock Call
  Nifty Future Call
  Nifty Future Premium Call
  BTST / STBT (General Services)
  BTST / STBT (Premium Services)
  Option Call (CE/PE Buy Strategy)
  Option Premium Call Services
  Winning Call
  All In One
  Fundamental Call (Cash Delivery)
  HNI Premium Pack
  Corporate Package
  Trade 4 U
  Cash Stock Call (Premium)
Commodity
  Gold + Silver Premium Call (Intraday + Positional)
  Mini Pack (Gold + Silver)
  Metal Pack
  Combo Pack (Mini + Metal)
  HNI/Spread Call
  Agro Commodity Call
  Single Agri Commodity Calls
  Trade 4 U
  Research Report
  NCDEX Premium Call
  Gold + Silver Hni Calls
Forex
  Currency Calls
Headging
  Hedging Strategies
Global Commodity
  Global Commodity Services
Wealth Creator
  Wealth Creator Services
Proprietor Trading
  Proprietor Trading Schemes
Global Services
  Global Services

325, Milinda Manore,2, R.N.T. Marg, Opp. Central Mall,Indore (M.P.), Pin Code: 452001,India

    9301302732, 9203900646
        0731-4098347

backoffice.3mteam@gmail.com

close
 
Share your details below and we will get in touch with you for further details.