Powered by: Motilal Oswal
01-01-1970 12:00 AM | Source: Swastika Investmart Ltd
Banknifty is also showing decent strength where 100-DMA of 32900 is an immediate hurdle - Swastika Investmart
News By Tags | #879 #2911

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

Technical Outlook:

Nifty (Spot):

Nifty manages to close above its 20-DMA which may lead to further strength where 14785-14835 will be the next important resistance area. On the downside, 14580-14550 is an immediate demand zone whereas 14400 will be the next important support level.

 

Banknifty (Spot):

Banknifty is also showing decent strength where 100-DMA of 32900 is an immediate hurdle; above this, we can expect further strength towards the 33300-33500 zone. On the downside, 32500 will act as an immediate support level while 32200 will be the next support level.

 

To Read Complete Report & Disclaimer Click Here

 

Please refer disclaimer at https://www.swastika.co.in/disclaimer

 

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