MARKET TREND UPDATE

NIFTY SPOT LEVELS
SUPP 1: 10190
SUPP 2: 9990
RES 1: 10440
RES 2: 10650

BANK NIFTY FUTURE LEVELS
SUPP 1: 25210
SUPP 2: 23560
RES 1: 26060
RES 2: 26430

WORLD MARKET ALERT
HANG SENG 118
NIKKEI -1
SHANGHAI 0
DOWJONES 331
NASDAQ 49
SGX NIFTY -1

INTERNATIONAL MARKET UPDATE
GOLD $ 1277.70
SILVER $ 16.46
COPPER $ 307.10
CRUDE $ 57.57
INR 64.46

Stock to watch for 1-DEC.-2017

SRT FUTURE

We recommended traders to buy SRT FUT above 1330 level and target of 1340-1355 may achieved with a stop loss of 1315.

SRT1

RUSHIL DECOR

We recommended traders to buy RUSHIL DECOR above 910 level and target of 920-935 may achieved with a stop loss of 895.

Rushil decor

For Daily Commodity Market Update visit www.marketmagnify.com or Missed Call This No.7879881122

Stock Market Commentary

Equity benchmark indices open on negative note tracking Asian market on last day of the month and continue its down trend throughout the day as we said Nifty future is moving in a channel and breakout on either side will attract directional movement. India reported a fiscal deficit of Rs 5.25 lakh crore for April-October, or 96.1 % of the budgeted target for the current fiscal year that ends in March 2018.The deficit was 79.3 % of the full-year target during the same period a year ago, which causes indices to fall in last hour of the day.

Reality is the only sector which ended with a gain of 1.12% rest of the indices closed in red in which PSU banks fell the most by 2.31% followed by private bank by 1.81%.

Gail, Bosch and Idea were the top gainers, while UPL, Hindalco and SBI lost the most.

Tomorrow market will depend on national and international data as investors for GDP data for july-sept quarter, government well unveil midterm review of the foreign trade policy today and also outcome of OPEC meetings will impact tomorrow market.

We like to advise traders and investors to remain caution as Nifty future had breakdown its channel support level and be stock specific and to do proper study before investing and looking at this uncertainty, we advise traders to remain light and follow strict stop losses for existing positions

RESISTANCE & SUPPORT LEVELS -:

Support of Nifty future is placed at 10190 and 10050.

Resistance of Nifty future is placed at 10350 and 10440.

Support of Bank Nifty future is placed at 25230 and 25090.

Resistance of Bank Nifty future is placed at 25660 and 26010.

For more information visit our site www.marketmagnify.com  or missed call 7879881122.

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