NIFTY 50 PREDICTION OF 17-09-2020

TOMORROW, THERE IS MORE CHANCES TO OPEN MARKET IN HIGH GAP UP LIKE ABOVE 11651.
IF MARKET OPEN ABOVE 11650, CHECK MARKET TREND AND READY FOR SHORT SELLING AT MUCH HIGHEST POINT LIKE 11680 IN HALF SESSION.
TOMORROW, THERE IS CHANCES MARKET CLOSE IN LITTLE GREEN CANDLE.

1. MARKET CAN STABLE FOR TOMORROW.
2. RANGE 11650-11700 IF OPEN 11580-11600
3.RANGE 11650-11550 IF OPEN 11650-11675
KEY POINT FOR 17-09-2020
STRONG SUPPORT - 11525-11550 AND 11450-11500
STRONG RESISTANCE- 11700 AND 11750.

MARKET SENTIMENTS IN STRONG BUYING, SPECIALLY IN PHARMA AND BANKING SECTORS.

BUY TATA POWER IN AT 55-56 RE. FOR TARGET PRICE 80 RS. (30 DAYS)
BUY SBI IN 195-198 FOR 220-250 (15-30 DAYS)
BUY ITI IN 125-130 FOR 180 ( 60 DAYS)

Comment:

STRICTLY TRADE AS PER SENTIMENTS AND CURRENT PATTERN FOR POSITIONAL TRADE.
FOR OPTION TRADERS
TRADE WITH HEDGING TOMORROW.
(CALL 11650 OF NEXT WEEK EXPIRY
PUT 11600 OF THIS EXPIRY) FOR RISK TRADERS ONLY.
IT MAY FALLS IF MARKET OPEN IN OPPOSITE DIRECTIONS.