GDP outlook
As we step into a new week, we once again stare at a possible rangebound session, wherein Nifty is not expected to make any major headway on the higher side and the previous high 11760 is likely to continue acting as a major hurdle.
Though strong GDP numbers that came out after market hours Friday may provide and initial boost to trade, but the previous high for the market will remain its previous hurdle.
The 11800 levels will act as immediate technical resistance for Nifty, while supports will come in at 11600 and 11550 levels.
Take care guys and discipline your own Trading/Investment rule . It's just and update after GDP in first quarter of FY 19.
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