Market Outlook of 19th Apr, 2018.
GFS Wealth Creators Suggestion and View on Indices.
Nifty index opened positive but failed to surpass 10,600 and slipped towards 10,500 zones.
It continued its higher highs formation for last fourteen consecutive trading sessions but witnessed selling pressure in the second half of session and closed negative after the winning streak of last nine sessions.
Now, if it sustains below 10,480 zones then only a pause in positive momentum could be seen for a profit decline towards 10,440 – 10,420 levels while on upside hurdles are seen at 10,580 then 10,630 levels.