Market Outlook for 20th November, 2013

Nifty Future:

Yesterday, USDINR has erased almost all losses of intraday and made the close near the high. Probably, on open it might gapupĀ  today and that will make Nifty to drift.

Nifty needs a correction and if materialises, it can drift to around 6100. Yesterday’s high of 6240 is going to be very crucial and any emphatic move beyond this, can take to around 6350.

In Individual stocks, today Century Textiles will fall and INFY will moveup.

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Trade Well !!