Tuesday, November 10, 2020

Stock Market Outlook 11 Nov 20 | Nifty , BankNifty

  

 Nifty and BankNifty, Stock Market Outlook 


Stock Market Today 

Indian equity benchmarks staged another stellar performance on Tuesday, rallying over one percent each and settled at their fresh record closing highs aided by positive cues in the global market. 

Both the S&P BSE Sensex and the NSE Nifty 50 settled above crucial 43,250 and 12,600 levels, respectively. Key gauges traded on positive note since the beginning, with optimism over Covid-19 vaccine as Pfizer Inc's said its experimental COVID-19 vaccine was more than 90 percent effective based on initial trial results, and they have so far found no serious safety concerns, priming it for possible speedy regulatory approvals.

 Traders also reacted positively to SBI Research report stated that a number of green shoots are visible in the economy five months after easing restrictions. It also said assuming that India escapes a second wave, the pandemic will subside by February 2021.




Nifty Outlook



Friends  we discussing continuously that our markets are very strong and we will make new all time high and  market are performing on our expectations. Still our long term and short term outlook is very positive and further more all time high and firecrackers  will be seen in the market in upcoming days.

As today we again made a lifetime high so tomorrow a fresh all time high can be seen in the market. So tomorrow Nifty can test 12748 level in upside. Make long position in every opportunity.


BankNifty Outlook


As today we again made a lifetime high so tomorrow a fresh all time high can be seen in the market. So tomorrow BankNifty can test 28988  level in upside. Make long position in every opportunity.



Thanks for your Precious Time.


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