Daily Stock Market Research Report 03-08-2022

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Nifty Closed at 17345.45 (5.40) (0.03%) 

Pin Points on Today’s Market :

Nifty and Bank Nifty given good Recovery. Nifty on Higher High and Higher Low formation. Bank Nifty formed Inside Bar on Daily Chart. Nifty given closing above Resistance Level. Bank Nifty very close to Resistance Level.

Support Resistance based Open Interest Activity for Tomorrow

Resistance   : 17600, 17700

Support : 17300, 17200

Technical Levels For Trading Nifty Tomorrow

Breakout Above : 17415, Resistance – 17470, 17550, 17625

BreakDown Below : 17345, Support – 17270, 17225, 17155

BankNiftyClosedat37989.25(-34.75)(-0.09%)

Support Resistance based Open Interest Activity for Tomorrow
Resistance : 38400, 38500
Support : 37800, 37700

Technical Levels For Trading Bank Nifty Tomorrow

Breakout Above : 38085 Resistance – 38125, 38235, 38380
BreakDown Below : 37915 Support – 37825, 37740, 37600

Stock to Keep Watch for Tomorrow

For Buying –  AUBANK,AUROPHARMA,INDIAMART,SBIN,PNB, NATIONALUM,TRENT,SBICARD,GUJGAS

For Selling –  IGL, M&MFIN, NMDC

Note : Go for Buying only if Cross Prev.Day High and Sell only if Cross Prev.Day Low.

FOR ANY QUERY-CONTACT–9227198780,9227198798

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