MENU

Published on 28/07/2021 8:44:31 AM | Source: Nirmal Bang Ltd

Nifty has an immediate resistance placed at 15840 and on a decisive close above expect a rise to 15920-16000 levels - Nirmal Bang

Posted in Market Outlook| #Nirmal Bang Ltd #Market Outlook

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel  https://t.me/InvestmentGuruIndia 

Download Telegram App before Joining the Channel

Market Review:

Indian markets ended a volatile session with with losses amid negative global cues on Tuesday. Pharmaceutical, realty and auto stocks tumbled while metals and PSU Bank shares managed to end in the green. The barometer index, the S&P BSE Sensex, fell 273.51 points or 0.52% to 52,578.27. The Nifty 50 index lost 78 points or 0.49% to 15,746.45.

Nifty Technical Outlook

Nifty is expected to open on a flattish note and likely to witness sideways move during the day. On technical grounds, Nifty has an immediate resistance at 15840. If nifty closes above that, further upside can be expected towards 15920-16000 mark. On the flip side 15670-15600 will act as strong support levels. It’s a stock specific market trade calls with strict stoploss.

Action: Nifty has an immediate resistance placed at 15840 and on a decisive close above expect a rise to 15920-16000 levels.

 

Bank Nifty

Bank Nifty faces an immediate resistance around 35100 levels on the upside and on a decisive close above expect a rise to 35380-35700. There is an immediate support at 34600-34430 levels.

 

Technical Call Updates

 

To Read Complete Report & Disclaimer Click Here

 

Please refer disclaimer at https://investmentguruindia.com/Disclaimer/nirmal.html

SEBI Registration number is INH000001766

 

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer.

 

 

betvakti elexusbet gorabet maksibet maltcasino milosbet quennbet setrabet atlantisbahis artoscasino dumanbet elitbahis fashionbet favoribahis hiltonbet liderbahis oslobet romabet vegabet yorkbet kalebet bet10bet bahislion bahislion bahislion betpark dakikbet dumanbet fenomenbet holiganbet kalebet kolaybet lordbahis olabahis onwin piabet pusulabet süper10bet vipbahis supertotobet mariobet bahigo bahis siteleri güvenilir bahis siteleri kaçak bahis siteleri betist 1xbet asyabahis betebet betgaranti betlike betvole ligobet pinbahis polobet verabet