IGI Logo

Technical Outlook:

Nifty (Spot):

Nifty is facing resistance in the 15700-15850 zone followed by a pullback rally however 15350 is immediate support where we can again expect some buying interest while below the 15350 level; the previous swing low of 15183 will be the next support level. On the upside, 15455 is an immediate hurdle while 15550/15700 will be the next hurdles.

Bank nifty :

Banknifty is facing a hurdle at the 33500 level after a pullback rally from the 32500 level. On the downside, 32500-32000 is an immediate demand zone while below this, banknifty is vulnerable to further sell-off. On the upside, 32900-33000 is an immediate resistance zone then 33300-33500 is the next resistance area.

To Read Complete Report & Disclaimer Click Here

Please refer disclaimer at https://www.swastika.co.in/disclaimer
SEBI Reg. No. :  NSE/BSE/MSEI: INZ000192732

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