stock market Of India Nse and Bse both look under pressure, while US market close negative sign on weekend, so what is best for investment next week on Future and option segment.
Bank nifty: bank nifty depend on election review, now close on flat with green sign at 12934.05
resistance level for bank nifty is 13078,13170,13285 and support level for bank nifty is 12870,12750,12670.
share which look good:
Fedral bank , hdfc bank, icici bank
Oil and Gas sector: oil and gas sector look positive on next week , bpcl, ongc, ioc look in positive trend, if rupee more strong then oil and gas share become positive.
Share look good:
bpcl, ioc, IGL, and reliance.
IT share look good after positive job data in US , Infosys, tcs, tech mahindra and hcl tech should be perform well next week.
Infra share : now this time share look down trend so keep away after down fall in larsen, crompton greaves, reliance infra share can buy.
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