Daily Stock Market Research Report 21-11-2022

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Nifty Closed at 18159.95 (-147.70) (-0.81%)

Pin Points on Today’s Market :

  • Nifty and Bank Nifty closed in Red. Nifty and Bank Nifty on daily chart has formed Lower High and Lower Low formation. Nifty after Breaking Opening Range Low remained choppy. Bank Nifty crossed Opening Range High at end.

Support Resistance based Open Interest Activity for Tomorrow:

  • Resistance : 18300, 18400
  • Support : 18000, 17900

Technical Levels For Trading Nifty Tomorrow

  • Breakout Above:     18205 
  • Resistance:   18280, 18340, 18415
  • BreakDown Below:   18130
  • Support:  18055, 18080, 18005

BankNifty Closed at 42346.55 (-90.90) (-0.21%)

Support Resistance based Open Interest Activity for Tomorrow

  • Resistance : 42500, 43000
  • Support :   42300, 42000

Technical Levels For Trading Bank Nifty Tomorrow:

  • Breakout Above :   42405
  • Resistance :   42540, 42670, 42865
  • BreakDown Below : 42290
  • Support : 42160, 42015, 41820

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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