Nifty Outlook for Tomorrow 16-Nov

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Nifty Outlook | Stock Market Trend | Markets Outlook - 16-Nov
Markets traded rangebound today, and slumped in the last trading hour to close with significant losses of approx 1.5%.  For short term trend Nifty trend remains bearish and traders are advised to be cautious and trade in small quantity.

For Intraday trading tomorrow, trend deciding level is at 5,080. If Nifty shows strength above this level, then rally to 5,125/5,150/5,175 may be seen. On the downside if Nifty does not show strength above 5,080 levels then profit booking till 5,030/4,975 may also be seen.

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