Daily Stock Market Research Report 31-10-2022

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Nifty Closed at 18012.20 (225.40) (1.27%) 

Pin Points on Today’s Market :

  • Nifty and Bank Nifty both closed in Green. Nifty Opened with Gap up and remained upside through out the day Bank Nifty has not crossed Opening range and remained Choppy through out the day. Bank Nifty formed Inside Bar on Daily Chart.

Support Resistance based Open Interest Activity for Tomorrow:

  • Resistance : 18300, 18500
  • Support : 18000, 17900

Technical Levels For Trading Nifty Tomorrow

  • Breakout Above:  18035
  • Resistance:  18095, 18160, 18120
  • BreakDown Below:   17975
  • Support:    17905, 17845, 17775

BankNifty Closed at 41307.90 (317.05) (0.77%)

Support Resistance based Open Interest Activity for Tomorrow

  • Resistance : 41500, 42000
  • Support : 41200, 41000

Technical Levels For Trading Bank Nifty Tomorrow:

  • Breakout Above :   41370
  • Resistance :     41520, 41725, 41880
  • BreakDown Below : 41240
  • Support : 41105, 40890, 40690

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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