Daily Stock Market Research Report 20-10-2022

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Nifty Closed at 17563.95 (51.70) (0.30%) 

Pin Points on Today’s Market :

  • Nifty Closed In Green and Bank Nifty in Red. Nifty after Negative Opening given good recovery, Bank Nifty has not crossed the opening range upside and Remained Negative. Still both have not given entry for positional Buy.

Support Resistance based Open Interest Activity for Tomorrow:

  • Resistance : 17800, 18000
  • Support : 17500, 17400

Technical Levels For Trading Nifty Tomorrow

  • Breakout Above:  17585
  • Resistance:  17665, 17745, 17825
  • BreakDown Below:  17520 
  • Support:    17450, 17370, 17285

BankNifty Closed at 40099.55(-273.65)(-0.68%)

Support Resistance based Open Interest Activity for Tomorrow

  • Resistance : 40500, 41000
  • Support : 40000, 39900

Technical Levels For Trading Bank Nifty Tomorrow:

  • Breakout Above :  40175
  • Resistance :    40365, 40540, 40750
  • BreakDown Below : 40020
  • Support : 39850, 39670,

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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