Bank Nifty
Bank Nifty has a support in the range of 37600-37500. If Bank Nifty trades below it, Bank Nifty can fall till 37000. If Bank Nifty opens above 38000, it can remain sideways in the range of 37500-38200/38300.
Nifty
If Nifty trades below 17075 convincingly it can fall till 17000, 16810. If Nifty opens above 17210, it can test 17400 level with 17100 acting as a support.
Stocks to watch out
1. Bajaj Finance (LTP 6867.25)
After a gap up opening it failed to sustain at higher levels and closed near day low. Breaking 6845 can lead to further weakness till 6700. It has a resistance at 6928.
Disclaimer
All the information is from source deemed to be reliable but there is no guarantee to the accuracy. Information is for EDUCATIONAL PURPOSES ONLY and is not intended to give specific trading or investment advice. past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before trading or investing. Opinions are given based on widely-accepted methods of technical analysis other methods of analysis. No specific recommendation is given to buy, hold or sell of these markets/securities or exchange traded funds related to these markets.
You agree that Aman Agrawal, Stocks by Aman, or anyone associated with them SHALL NOT BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL OR CONSEQUENTIAL DAMAGES.
Comments
Post a Comment