Market Outlook for 4th November, 2016

Nifty Future:

Move beyond 8550, could trigger short covering towards 8600 to 8625 to fill the Gap. As Index continued to be in weak zone, sellers will dominate around 8535 and could push towards the Support level of 8405.

Bank Nifty Future:

The near support level around 19165 and trading below 19050, could open Levels to 18725 – 18695. Pullback from support Level could lead to 19300 – 19450.

Good Luck !!