Nifty is expected to open on a flattish note and likely to witness sideways move during the day - Nirmal Bang
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/04/4b7d9fc3912da45585bf59268048ab63.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
Market Review:
Indian markets ended with minor gains on Thursday, rising for the third straight session. Metal stocks surged while banks and financials corrected. The Nifty closed below the 14,900 mark. The barometer index, the S&P BSE Sensex, gained 84.45 points or 0.17% to 49,746.21. The Nifty 50 index rallied 54.75 points or 0.37% to 14,873.80.
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 15000. If nifty closes above that, further upside can be expected towards 15100-15180 mark. On the flip side 14800-14730 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 15000 and on a decisive close above expect a rise to 15100-15180 levels.
Bank Nifty
Bank Nifty faces an immediate resistance around 33370 levels on the upside and on a decisive close above expect a rise to 33750-34150. There is an immediate support at 32500-32000 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
![](https://portfolio.investmentguruindia.com/uploads/news/Opec.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Poonawalla Fincorp.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/AgroStar25.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/dalmia bharat ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Supreme Industries Ltd 1.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Can Fin Homes Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Cyient DLM_13 june.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Signature 2.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Route Mobile Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/PVR Ltd.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)