GEPL Technical view onNifty – 15th November (video)

Nifty view: Today Nifty closed at 6072 with a massive loss of 122 points which is a loss of nearly 2% comparative to its previous close. In our view now major support exists at 6050 and break below 6050 can drag down Nifty up to the mark of 5930-5940 range. On the higher side now market is going to major supply area in the range of 6120 and 6150.

Regarding sector specific view, we feel that BSE-Heath Care and BSE-FMCG is going to outperform the broader indices while BSE-Capital Goods and BSE- Realty is going to under perform the market.

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