Short-term outlook for market looks positive; Buy CEAT, BATA

The short-term outlook for the market remains positive till Nifty trades above 10489 levels and expecting targets in the range of 11100-11300 levels

NIFTY      

CLOSE- 10876.75  (30.11.2018)

The market closed weekly in positive territory. It has broken out of consolidation range on the upside as expected last week. It has achieved my first short-term target of 10900 levels near recent high as expected last week. It has started wave-iii if I of 5 in short term. One can expect the market to trend towards higher levels targets as mentioned below in short to medium term till it reverses. 

Broader market such as midcap & small indices are still underperforming at current levels, its sign of worry but main indices such as Nifty & Sensex