{"id":3723,"date":"2019-01-21T06:20:31","date_gmt":"2019-01-21T06:20:31","guid":{"rendered":"http:\/\/financeintellect.com\/home-page\/home\/?p=3723"},"modified":"2019-01-21T06:20:31","modified_gmt":"2019-01-21T06:20:31","slug":"market-outlook","status":"publish","type":"post","link":"https:\/\/financeintellect.com\/home-page\/home\/market-outlook\/","title":{"rendered":"Market Outlook"},"content":{"rendered":"<p style=\"text-align: center\"><strong>By Mehul Kothari <\/strong><br \/>\n<strong>Senior Research Analyst Equity, IndiaNivesh<\/strong><\/p>\n<p>We have been waiting for quite some time for this breakout since we had a buy on dips view. Now, since the index has managed to close the week above 10880 the triangle breakout is being confirmed and Nifty has a potential to sneak above 11000 mark.<\/p>\n<p>However, we also maintain our stance that 11200 still remains a very strong hurdle for the bulls. Thus we would advise traders to start booking profits once index arrives near that zone. As of now, the support of 10620 has now been shifted to 10690.<\/p>\n<p>Only a move below the same might dwell the ongoing momentum. For the coming sessions 10930 and 10770 would remain an intermediate resistance &amp; support respectively for the markets. Currently we advise traders to trade with positive bias but avoid any over leveraged positions and follow strict stop loss.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Mehul Kothari Senior Research Analyst Equity, IndiaNivesh We have been waiting for quite some time for this breakout since we had a buy on dips view. Now, since the index has managed to close the week above 10880 the triangle breakout is being confirmed and Nifty has a potential to sneak above 11000 mark. [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":3724,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[6],"tags":[3275],"class_list":["post-3723","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opinion-makers","tag-triangle-breakout"],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Market Outlook - Finance Intellect<\/title>\n<meta name=\"description\" content=\"We have been waiting for quite some time for this breakout since we had a buy on dips view. Now, since the index has managed to close the week above 10880 the triangle breakout is being confirmed and Nifty has a potential to sneak above 11000 mark.However, we also maintain our stance that 11200 still remains a very strong hurdle for the bulls. Thus we would advise traders to start booking profits once index arrives near that zone. As of now, the support of 10620 has now been shifted to 10690.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/financeintellect.com\/home-page\/home\/market-outlook\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Market Outlook - Finance Intellect\" \/>\n<meta property=\"og:description\" content=\"We have been waiting for quite some time for this breakout since we had a buy on dips view. Now, since the index has managed to close the week above 10880 the triangle breakout is being confirmed and Nifty has a potential to sneak above 11000 mark.However, we also maintain our stance that 11200 still remains a very strong hurdle for the bulls. Thus we would advise traders to start booking profits once index arrives near that zone. As of now, the support of 10620 has now been shifted to 10690.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/financeintellect.com\/home-page\/home\/market-outlook\/\" \/>\n<meta property=\"og:site_name\" content=\"Finance Intellect\" \/>\n<meta property=\"article:published_time\" content=\"2019-01-21T06:20:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/financeintellect.com\/wp-content\/uploads\/2019\/01\/market-outlook.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"965\" \/>\n\t<meta property=\"og:image:height\" content=\"459\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"FI Online\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Fin_Intellect\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"FI Online\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/market-outlook\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/market-outlook\/\"},\"author\":{\"name\":\"FI Online\",\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/#\/schema\/person\/a90045187089bff33d502ca60561a130\"},\"headline\":\"Market Outlook\",\"datePublished\":\"2019-01-21T06:20:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/market-outlook\/\"},\"wordCount\":144,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/market-outlook\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/financeintellect.com\/wp-content\/uploads\/2019\/01\/market-outlook.jpg\",\"keywords\":[\"triangle breakout\"],\"articleSection\":[\"Intellect Views\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/financeintellect.com\/home-page\/home\/market-outlook\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/market-outlook\/\",\"url\":\"https:\/\/financeintellect.com\/home-page\/home\/market-outlook\/\",\"name\":\"Market Outlook - Finance Intellect\",\"isPartOf\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/market-outlook\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/market-outlook\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/financeintellect.com\/wp-content\/uploads\/2019\/01\/market-outlook.jpg\",\"datePublished\":\"2019-01-21T06:20:31+00:00\",\"author\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/#\/schema\/person\/a90045187089bff33d502ca60561a130\"},\"description\":\"We have been waiting for quite some time for this breakout since we had a buy on dips view. Now, since the index has managed to close the week above 10880 the triangle breakout is being confirmed and Nifty has a potential to sneak above 11000 mark.However, we also maintain our stance that 11200 still remains a very strong hurdle for the bulls. Thus we would advise traders to start booking profits once index arrives near that zone. 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