NIFTY VIEW AS ON 21OCT 2020 (STRENGTH) STOCK UPDATE !!
Intraday Support Zone is 11900-11910
Intermediate Support Zone is 11625-11690
Long Term Support Zone is 10975-11200
MARKET VIEW : As mentioned there is enough strength as of now in NIFTY to bounce back from its intraday support and we have seen it today that it has eventually ended higher. So watchout for above key levels !!
STOCK TO WATCHOUT FOR POSITIONAL TRADE
TATA CONSUMER PRODUCT
It has broken below our stop loss level without buy trigger hence now the setup is invalid
STOCK RECOMMENDATION FOR SWING TRADE
SIEMENS
It has shown some sort of resistance as expected at 1300 level but nothing to worry about yet.