Market Updates of 11th Dec, 2017.

Stay Long in Nifty and Bank Nifty with suggested stop loss and target;

Nifty View

We have a long position in Nifty Future from 10220 with a stop 10130. Now traders should hold this long position with a revised stop loss at 10200. Also place a target at 10370.

Bank NIFTY View 

We should look for buying only. Use intraday dip and consolidation breakout to buy.We have a long position in Bank Nifty Future from 25242 with a stop 25000. Now traders should hold this long position with a revised stop loss at 25200. also place a target at 25700.

       Trades (in cash segment)                              Trades (in future segment)            

        1) Sunpharma                                                    1) CastrolIndia

                                                                                   2) Lupin

GFS Wealth Creators Views :

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