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*Team Aman Chugh Financial Market Educational Updates* *View on Nifty*  🖊 🔎 - On the Technical front, Nifty has formed a small bearish candle as it could not manage to sustain above 10500 level and closed marginally below the same at 10490, indicates profit booking scenario in market - Market gyrated in a small range of 20-30 points during the first half and shed it's gain in the second half. However, it shall remain volatile ahead of december expiry due today - Nifty has to hold 10490-10500 level to witness new levels of 10600-10700 in January expiry. It has immediate support level at 10400 and immediate resistance level at 10500. However, a correction is expected before budget to extend this bull run further to new lifetime highs *View on USD/INR* 🖊 🔎 - USD INR is likely to trade between 63.80 - 64.80 range for a short-term *Sectors to track with Positive Outlook*  🖊 🔎 - Metals, NBFCs - Auto, Reality *Stocks to track with Positive outlook*  🖊 🔎 - DL

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 Team Aman Chugh Financial Market Educational Updates View on Nifty 🖊🔎 - On the Technical front, Nifty has formed a bullish candle and decisively closed above 10500 level. Nifty gyrate within 20-30 points range during the day but jumped 40-50 points in last half an hour - Market has given breakout from its psychological level of 10500 and ready to move up to 10600-10700 levels. If Nifty could manage to sustain above 10500 level then we can witness further rally of 100-150 points in January expiry - Market continued to move up and behaving stocks specific as many stocks along with Nifty are touching their lifetime high on a daily scale indicates bulls are still intact & holding strong grip in market View on USD/INR🖊🔎 - USD INR is likely to trade between 63.80 - 64.80 range for a short-term Sectors to track with Positive Outlook 🖊🔎 - Metals, NBFCs - Auto, Reality Stocks to track with Positive outlook 🖊🔎 - Reliance, DLF - Maruti, Philips Carbon Regards

Team Aman Chugh Financial Market Educational Updates View on Nifty 🖊🔎 - On the Technical front, Nifty has formed a bullish candle and closed near 10500 level i.e.10493. Nifty index touched a life time high of 10501 during the session and managed to sustain near the same while closing - Market is behaving stocks specific as we have seen built-up of long positions in ONGC, Infosys, TCS, Bharti Airtel, Maruti Suzuki, Bajaj Finance etc while short positions in Cement & Pharma sector stocks - Nifty could extend this bullish rally upto 10600-10700 levels if it could manage to sustain above 10500 level else profit booking could drag it down further to 10250-10350 level - On the Options front, we have not seen major reduction of Call OI at 10400, 10500 and 10600 strikes while no major addition of Put OI at the same strikes indicates no fresh stimulus in market & some profit booking can be seen View on USD/INR🖊🔎 - USD INR is likely to trade between 63.80 - 64.80 range

*India's Own CryptoCurrency: And Now the Meetings in Regulator's Circles!!* Around two months ago, I had written that India would soon come up with its own CryptoCurrency whenever the Govt would feel it worthwhile to enter!! In fact I must put it this way, that by the time when few of the riches would have invested their money in Bitcoins or other Cryptos (Including many of those who have invested CASH in such Bitcoins through Private Network), the Govt shall outclass their smartness and catch them on wrong foot by launching its own CryptoCurrency Currency (Most probably by the Name Lakshmi). Couple of high level Meetings amongst very senior officials from SEBI, RBI, Central Board of Excise and Customs, Income Tax Department and the Financial Intelligence Unit have already happened and the next one is expected soon in the last quarter of this FY 17-18 to discuss about a smooth launch of the same alongwith coming out with rules and regulations for those who have al