Newsletter for 08th Jan 2018 – January 8th, 2018

Pre Market Levels for nifty spot:

Today Nifty index has a stiff resistance at 10584 Once if it manages to cross 10584 it might reach 10599 and 10615 too. Above those levels, bulls may take nifty to 10632 and even 10650 levels.

On the other side, below 10559 level, nifty may be dragged down to 10544 by bears. More action can be seen only below 10528 Once if nifty manages to cut 10528 it may touch 10511 Final support for bulls acting at 10493 level.

Sectors looking bullish

1. Healthcare

2. Realty

3. Capital Goods

Sectors looking bearish

1. Teck

2. Consumer Durables

3. Auto

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