Market Outlook for 14 July 2016

Categories: Daily Market Outlook
July 14, 2016Posted By Admin

Indian markets are expected to open flat and trade in a narrow range throughout the day. Nifty finds a strong resistance around 8550 levels. Global markets too have turned flat and expected to see some profit booking in coming days. TCS will be announcing their 1st quarter results today.

F&O Recommendations :

BUY EXIDE TARGET 188 SL 178

SELL TV18 TARGET 38 SL 43

We suggest traders to remain cautious with their long positions and work with trailing stoploss.