Daily Stock Market Research Report 20-01-2023

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Nifty Closed at 18027.65 (-80.20) (-0.44%)

Pin Points on Today’s Market :

  • Nifty closed Negative. Bank Nifty closed Positive. Nifty formed Lower High and Lower Low formation on Daily Chart. While Bank Nifty formedHigher High and Higher Low formation on Daily Chart. On Weekly Nifty is on Higher High and Higher Low formation while Bank Nifty formed Inside Bar on Weekly Chart.

Support Resistance based Open Interest Activity for Tomorrow:

  • Resistance : 18100, 18200
  • Support : 18000, 17800

Technical Levels For Trading Nifty Tomorrow

  • Breakout Above:    18055
  • Resistance: 18095, 18145, 18225
  • BreakDown Below:  17995
  • Support :    17945, 17890, 17805

BankNifty Closed at  42506.80 (177.95) (0.42%)

Support Resistance based Open Interest Activity for Tomorrow

  • Resistance : 42800, 43000
  • Support : 42400, 42000

Technical Levels For Trading Bank Nifty Tomorrow:

  • Breakout Above :  42560
  • Resistance :   42725, 42895, 43015
  • Breakdown Below : 42445
  • Support : 42285, 42115, 41985

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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