Nifty is continuing its bullish momentum where 14700 is an immediate resistance - Swastika Investmart
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/01/23ca9e39f90b440f80b8a1f0ef2b9ff5.jpg)
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 continuing its bullish momentum where 14700 is an immediate resistance ahead of weekly expiry; above this, we can expect a further rally towards the 14800 level. On the downside, 14600 will immediate intraday support, below this, 14420-14400 will be the next support area. Traders are advised to wait and watch for the first 30-45 minutes to understand the trend after a gap up opening then trade accordingly.
Banknifty (Spot):
Banknifty is also showing decent strength where 32700 is an immediate hurdle and it manages to trade above this level then we can expect a move towards 33000 mark otherwise we can expect some profit booking where 32450-32400 will be the first demand zone while 32000 will the next important 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
![](https://portfolio.investmentguruindia.com/uploads/news/CementS_15.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/FinanceHomeL.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Indian Railways_54.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/DLF Ltd 31 oct.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Icici Prudential Life Insurance Comp Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/MayhemStudios26.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Bajaj Finance Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/deputychief.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Shrey Jain.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/iphone20.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/cc796169e4f7c012914c95f4a8efe430.jpg)
Weekly Market Analysis : Markets strengthened recovery and gained nearly 2% in the passing w...
![Weekly market outlook : The market is eagerly awaiting data on inflation and industrial production to provide further guidance Says Vinod Nair, Geojit Financial Services](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/5f1fa5f12be5ac87ff9258ea3909f0f8.jpg)
![Market Quote : Benchmark Indices ended the week today just a few percentage away from record highs Says S Ranganathan, LKP securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/f33c3d1dad571464e55a94475ae32892.jpg)
![Daily Market Commentary : Nifty closed higher for the sixth straight day with gains of 93 points (+0.5%) at 19820 levels Says Mr. Siddhartha Khemka, Motilal Oswal](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/009b2b15289ce4f7e143526434c946d5.jpg)
More News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/11/e43f336614b60b915829d2200b657420.jpg)
Morning Market Quote : An important feature of the ongoing rally which has taken the Sensex ...
![Index is likely to trade volatile within a broad range for the coming week - Monarch Networth Capital](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/10/64a9a1f4fda1a3353ecf26f8254b27ce.jpg)
![India VIX decreased by 0.42% to close at 24.29 touching an intraday high of 25.30 - Nirmal Bang](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/01/66c58ffa176c31211669339aba972925.jpg)
![The downside gapped opening yesterday, was not followed up by any more cuts, with the 14755 region offering buying interest on anticipated lines - Geojit Financial](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/05/b81a149bd4ff26d69d900a2e7b234c3d.jpg)