Tuesday, December 17, 2019

STOCK FUTURE CALL FOR 18 DEC19

BUY MUTHOOTFIN ABOVE  716 TARGET 722 /726 SL  710 

TO GET SUCH  CALLS PING ME ON WHATSAPP 7225909997 

Nifty is headed for 12,400-12,450 in the near term. I have continued to maintain bullish stance on the markets even during the downside which has worked very well. Metal sector is likely to surprise on the upside. Immediate support is placed at 12,000 zone.While the market gains could extend in the coming sessions, I prefer to remain cautious at higher levels. I believe volatility is likely to remain high in the near term, hence investors should follow stock specific approach focusing on fundamentally sound stocks at attractive valuations. Meanwhile, investors would keep a watch on outcome of GST council meet (scheduled tomorrow) as well as continue to track global markets.

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