Nifty Closed at 16951.70 (-34.00) (-0.20%)
Pin Points on Today’s Market:
Nifty closed Negative and Bank Nifty closed Positive. Nifty without crossing Opening Range High remained down throughout the Day. Nifty formed Lower High and Lower Low formation on Daily Chart. Nifty has taken support of Prev. Day Low. Bank Nifty formed Inside Bar on Daily Chart and Today It is a sell call for Bank Nifty below Today’s Low only as per our system.
Support Resistance based Open Interest Activity for Tomorrow
| Resistance | 17100, 17200 |
| Support | 16900, 16800 |
Technical Levels For Trading Nifty Tomorrow
| Breakdown Below | Resistance: 17045,17110, 17180 |
| Breakout Above | Support: 16840, 16785, 16705 |
Bank Nifty Closed at 39567.90 (136.60) (0.35%)
Support Resistance based Open Interest Activity for Tomorrow
| Resistance | 40000, 40200 |
| Support | 39400, 39200 |
Technical Levels For Trading Bank Nifty Tomorrow
| Breakdown Below | Resistance: 39750, 39980, 40225 |
| Breakout Above | Support: 39385, 39155, 38910 |
Stock to Keep Watch for Tomorrow
| Name | Buy | Sell |
|---|---|---|
| IDFC | Yes | |
| ASHOKLEY | Yes | |
| ABCAPITAL | Yes | |
| BANKNIFTY | Yes | |
| OBEROIRLTY | Yes | |
| EXIDEIND | Yes | |
| DEEPAKNTR | Yes | |
| TORNTPOWER | Yes |
Buy if today’s price crosses yesterday’s high, sell if it crosses yesterday’s low.
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Disclaimer: The information provided in this Blog is for educational purposes only and should not be construed as financial advice. Trading in the stock market involves a significant level of risk and can result in both profits and losses. Spider Software & Team does not guarantee any specific outcome or profit from the use of the information provided in this Blog. It is the sole responsibility of the viewer to evaluate their own financial situation and to make their own decisions regarding any investments or trading strategies based on their individual financial goals, risk tolerance, and investment objectives. Spider Software & Team shall not be liable for any loss or damage, including without limitation any indirect, special, incidental or consequential loss or damage, arising from or in connection with the use of this blog or any information contained herein.
