Market Outlook for 14 July 2016
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.