Daily Stock Market Research Report 18-10-2022

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Nifty Closed at 17311.80 (126.10) (0.73%)

Pin Points on Today’s Market :

  • Gap up opening for Nifty and Bank Nifty. Both has entered in Short Term Buy on Daily Chart.

Support Resistance based Open Interest Activity for Tomorrow:

  • Resistance :   17500, 17700
  • Support : 17400, 17300

Technical Levels For Trading Nifty Tomorrow

  • Breakout Above:  17530
  • Resistance: 17595, 17665, 17775
  • BreakDown Below:  17445
  • Support:     17375, 17290, 17170

BankNifty Closed at 40318.75(398.30)(1.00%)

Support Resistance based Open Interest Activity for Tomorrow

  • Resistance : 40500, 41000
  • Support :  40200, 40000

Technical Levels For Trading Bank Nifty Tomorrow:

  • Breakout Above : 40365
  • Resistance :   40555, 40690, 40965
  • BreakDown Below : 40250
  • Support : 40090, 39950, 39725

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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