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Nifty Technical Outlook

NIFTY (CMP : 24078 ) Nifty immediate support is at 23950 then 23850 zone while resistance at 24200 then 24350 zones. Now if it manages to hold above 24000 zones, strength could be seen towards 24200 then 24350 zones while supports can be seen at 23950 then 23850 levels.

Sensex Technical Outlook

Sensex (CMP : 77185) Sensex support is at 76500 then 76200 zones while resistance at 77700 then 78000 zones. Now if it manages hold above 77000 zones, bounce could be seen towards 77700 then 78000 marks while hold below the same could see weakness towards 76500 and then 76200 zones.

Bank Nifty Technical Outlook

BANK NIFTY (CMP : 57757) Bank Nifty support is at 57500 then 57250 zones while resistance at 58000 then 58500 zones. Now it has to hold above 57750 zones for a bounce towards 58000 then 58500 levels while on the downside support is seen at 57500 then 57250 zones.

Midcap100 Index Technical Outlook

• Index is hovering near important levels

Smallcap250 Index Technical Outlook

• Index is on the verge of breakout.

Technical Stocks On Radar

ABB

(CMP: 7203, Mcap Rs 2,64,632 Cr.)

• Stock has given falling trendline breakout.

• Stock is sustaining above 20 DEMA.

• RSI has given positive crossover.

• Immediate support at 7050

FLUOROCHEM

(CMP: 4133, Mcap Rs 45,405 Cr.)

• Stock has given consolidation breakout.

• Sustaining above 20 DEMA.

• RSI has given positive crossover with surge in volumes.

• Immediate support at 407

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