Nifty is facing resistance at the 15900 level where 20-DMA of 15675 is an immediate and critical support level - 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 facing resistance at the 15900 level where 20-DMA of 15675 is an immediate and critical support level. If Nifty manages to hold this level then we can expect a positive momentum towards the 15775-15800 zone while if Nifty trades below 15675 level then selling pressure can be expected towards the 15600-15550 zone.
Banknifty (Spot):
Banknifty is underperforming and facing resistance at 20-DMA where 34500 is an immediate support level; below this 34000-33900 will be a critical support zone. On the upside, 35000-35100 is a critical supply zone and a sustainable move above this; we can expect a shortcovering rally towards the 36000 level.
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...
