THE MARKET OUTLOOK 23-04-2014

Posted By : Kishore B.S

THE MARKET OUTLOOK 23-04-2014

Expect market to open on a flat note on account of global cues. US market gained marginally and Asian markets are trading mixed. Today is the last day of April F&O expiry hence expect intra-day volatility especially in the second half of the day

Bank Nifty is outperforming Nifty from last few trading session, so go long on Bank Nifty at 13000. Target is 13300 stop loss is 12750.

 

Cheers  !!

Team SMI

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