Daily Stock Market Research Report 19-10-2022

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Nifty Closed at 17512.25(25.30)(0.14%)

Pin Points on Today’s Market :

  • Nifty and Bank Nifty closed up with minor gain. Both has formed Higher High and Higher Low formation on Daily Chart. Both formed Red Candle on Daily Chart, Upward Break out of today’s high can put Nifty and Bank Nifty in Long term Buy

Support Resistance based Open Interest Activity for Tomorrow:

  • Resistance : 17600, 17700
  • Support : 17500, 17300

Technical Levels For Trading Nifty Tomorrow

  • Breakout Above: 17560
  • Resistance:  17645, 17725, 17790
  • BreakDown Below:  17475
  • Support:    17380, 17295, 17200

BankNifty Closed at 40373.20 (54.45) (0.14%)

Support Resistance based Open Interest Activity for Tomorrow

  • Resistance : 40800, 41000
  • Support :  40200, 40000

Technical Levels For Trading Bank Nifty Tomorrow:

  • Breakout Above :  40450
  • Resistance :   40570, 40690, 40970
  • BreakDown Below : 40240
  • Support : 40060, 39920, 39690

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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