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Nifty Technical Outlook

NIFTY (CMP : 24366 ) Nifty immediate support is at 24300 then 24200 zone while resistance at 24550 then 24650 zones. Now if it crosses and holds above 24400 zones then upside could be seen towards 24550 then 24650 zones while support can be seen at 24300 then 24200 zones

Sensex Technical Outlook

Sensex (CMP : 78009) Sensex support is at 77700 then 77500 zones while resistance at 78300 then 78600 zones. Now it has to hold above 78000 zones for a bounce towards 78300 then 78600 levels while support can be seen at 77700 then 77500 zones.

Bank Nifty Technical Outlook

BANK NIFTY (CMP : 57491) Bank Nifty support is at 57250 then 57000 zones while resistance at 58000 then 58250 zones. Now it has to hold above 57500 zones for a bounce towards 58000 then 58250 levels while a hold below the same could see some weakness towards 57250 then 57000 zones.

Midcap100 Index Technical Outlook

• Index is consolidating in a broader range

Smallcap250 Index Technical Outlook

• Index is facing resistance near upper band.

Technical Stocks On Radar

DIXON

(CMP: 14130, Mcap Rs 86,394 Cr.)

• Stock is on the verge of breakout.

• Stock will see more momentum above 14450.

• RSI has seen positive crossover.

• Immediate support at 13800

BDL

(CMP: 1398, Mcap Rs 51,245 Cr.)

• Stock has given falling trendline breakout.

• Surge in volumes at breakout levels.

• RSI has given trending upward.

• Immediate support at 1350.

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