Nifty is consolidating around 17600 however SGX Nifty is suggesting a big gap down opening where 17550-17400 - Swastika Investmart
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Technical Outlook:
Nifty (Spot):
Nifty is consolidating around 17600 however SGX Nifty is suggesting a big gap down opening where 17550-17400 is a strong demand zone. On the upside, 17700 will act as an immediate hurdle after a gap down opening while 17800-17850 is the next resistance zone. Aggressive traders may try long positions near the 17550 level with a stop loss of 17400 for the target of 17800/18000 levels.
Bank nifty (Spot):
Banknifty is outperforming and consolidating near the 37500 level while 37150- 36700 is a critical demand zone at any weakness to take long positions. On the upside, 38000 is an immediate hurdle while 38500/39000 are the next resistance levels.
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
Tag News
Weekly Market Analysis : Markets strengthened recovery and gained nearly 2% in the passing w...
More News
Short Build Up is seen in the Nifty and Bank Nifty Futures - HDFC Securities
