Market Outlook of 13th Apr, 2018.

Nifty index managed to hold above 10400 zones and headed towards 10470 levels.

It formed a Bullish candle on the daily scale and has been making higher highs from last nine consecutive trading sessions.

It managed to close above immediate hurdle of 10420 zones and a decisive hold above 10420 could extend its move towards 10480 then 10525 levels while on the downside supports are seen at 10380 then 10350 levels.

Sectoral Outlook :

IT                        Positive

NBFC                 Positive

* This material is for information purposes only and should not be constructed as an offer or solicitation of an offer to buy or sell any securities.

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