Market Outlook for 17 Oct 2016
Indian markets are likely to open lower tracking negative global cues. SGX Nifty was trading 21 points lower at 8590 at 8:50 am. Near term outlook for market remains bearish. Asian markets are trading mixed with NIKKEI up o.21%, HANGSENG down 0.6% and KOSPI up 0.36%.
SELL BANKNIFTY BELOW 19200 SL 19600 TARGET 18600 IN 2-5 DAYS