Daily Stock Market Research Report 18-01-2023

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Nifty Closed at 18165.35 (112.05) (0.62%)

Pin Points on Today’s Market :

  • Nifty and Bank Nifty closed Positive. Nifty and Bank Nifty formed Higher High and Higher Low formation on Daily Chart. Bank Nifty today again bounced from support level on Daily Chart and formed Lower High and Lower Low formation but still closed positive.

Support Resistance based Open Interest Activity for Tomorrow:

  • Resistance : 18200, 18300
  • Support : 18100, 18000

Technical Levels For Trading Nifty Tomorrow

  • Breakout Above:   18185
  • Resistance: 18245, 18295, 18335
  • BreakDown Below:  18140
  • Support :   18080, 18020, 17970

BankNifty Closed at  42458 (222.95) (0.53%)

Support Resistance based Open Interest Activity for Tomorrow

  • Resistance : 42800, 43000
  • Support : 42000, 41800

Technical Levels For Trading Bank Nifty Tomorrow:

  • Breakout Above :  42510
  • Resistance :   42670, 42820, 43010
  • Breakdown Below : 42390
  • Support : 42230, 42090, 41895

Stock to Keep Watch for Tomorrow

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

FOR ANY QUERY-CONTACT – 9227198780, 9227198798

A Disclaimer: This newsletter has been designed for informational and educational purposes Only.
It does not constitute an offer to sell nor a solicitation of an offer to buy any security, which may be referenced upon the site.

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