 "Nifty outlook and top stock picks by Devang Shah for today's trade")
NIFTY: CLOSE-9915.25 (22.07.17)
Market consolidated in narrow range for the entire week & closed 3rd consecutive week in positive territory. It made a high of 9,928.20 levels on Nifty & 32,131.920 levels on Sensex so far in this rally. It consolidated during the week before trending towards short term targets levels range & also physiological level of 10,000 on Nifty. One should expect market to trend towards higher levels targets till short term reverses.
As market is extending without any major retracement on down side, it looks like, it can stretch further more till 10,300/10,400 levels on Nifty
Market consolidated in narrow range for the entire week & closed 3rd consecutive week in positive territory. It made a high of 9,928.20 levels on Nifty & 32,131.920 levels on Sensex so far in this rally. It consolidated during the week before trending towards short term targets levels range & also physiological level of 10,000 on Nifty. One should expect market to trend towards higher levels targets till short term reverses.
As market is extending without any major retracement on down side, it looks like, it can stretch further more till 10,300/10,400 levels on Nifty
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