Daily Stock Market Research Report 22-09-2022

Are you a new Trader or Investor? Spider Research is a program initiated by the Spider Software to provide free Stock Market Education with our Daily Research Articles.

Nifty Closed at 17629.80(-97.90)(-0.55%)

Pin Points on Today’s Market :

  • Nifty and Bank Nifty given negative close. Bank Nifty on Daily Super Trend Support. From last 2 bar Nifty and Bank Nifty is forming Lower High Lower Low formation. Matching our 3 Bar Pattern, Upward Breakout of Today’s High will trigger Buy in Both Nifty and Bank Nifty.

Support Resistance based Open Interest Activity for Tomorrow:

  • Resistance : 17700, 18000
  • Support :  17600, 17200

Technical Levels For Trading Nifty Tomorrow

  • Breakout Above: 17670
  • Resistance: 17745, 17815, 17890
  • BreakDown Below: 17585
  • Support: 17510, 17440, 17355

BankNifty Closed at 40630.60(-264.85)(-0.64%)

Support Resistance based Open Interest Activity for Tomorrow

  • Resistance : 40700, 41000
  • Support : 40600, 40500

Technical Levels For Trading Bank Nifty Tomorrow:

  • Breakout Above : 40700
  • Resistance : 40870, 40995, 41050
  • BreakDown Below :  40570
  • Support :40430, 40275, 40145

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.

Leave a Reply

Your email address will not be published.