IGI Logo

Nifty Technical Outlook

NIFTY (CMP : 23865 ) Nifty immediate support is at 23750 then 23600 zone while resistance at 24000 then 24150 zones. Now till it holds below 24000 zones weakness could be seen towards 23750 then 23600 levels while on the upside hurdle have shifted lower to 24000 then 24150 zones.

Sensex Technical Outlook

Sensex (CMP : 76478) Sensex support is at 76000 then 75700 zones while resistance at 76700 then 77200 zones. Now till it holds below 76500 zones, weakness could be seen towards 76000 then 75700 zones while hurdles have shifted lower to 76700 then 77200 zones.

Bank Nifty Technical Outlook

BANK NIFTY (CMP : 57542) Bank Nifty support is at 57000 then 56750 zones while resistance at 58000 then 58250 zones. Now till it holds below 57750 zones weakness could be seen towards 57000 then 56750 levels while on the upside hurdles are seen at 58000 then 58250 zones.

Midcap100 Index Technical Outlook

• Index is hovering above 20 DEMA.

Smallcap250 Index Technical Outlook

• Index is sustaining above breakout levels.

Technical Stocks On Radar

ETERNAL

(CMP: 265, Mcap Rs 2,55,348 Cr.)

• Stock is on the verge of breakout.

• Stock is sustaining above 20 DEMA.

• RSI is trending upward.

• Immediate support at 250.

LTF

(CMP: 311, Mcap Rs 77,859 Cr.)

• Stock has given falling trendline breakout.

• Surge in volumes visible

• RSI has given trending upward.

• Immediate support at 290.

For More Research Reports : Click Here 

For More Motilal Oswal Securities Ltd Disclaimer
http://www.motilaloswal.com/MOSLdisclaimer/disclaimer.html
SEBI Registration number is INH000000412