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Nifty Technical Outlook

NIFTY (CMP : 24238 ) Nifty immediate support is at 24100 then 24000 zone while resistance at 24400 then 24500 zones. Now it has to cross and hold above 24250 for an up move towards 24400 then 24500 zones while support can be seen at 24100 and 24000 zones

Sensex Technical Outlook

Sensex (CMP : 77708) Sensex support is at 77300 then 77000 zones while resistance at 78200 then 78500 zones. Now it has to cross and hold 77800 zones, for a bounce towards 78200 then 78500 marks while on the downside support are seen at 77300 and then 77000 zones

Bank Nifty Technical Outlook

BANK NIFTY (CMP : 57945) Bank Nifty support is at 57750 then 57500 zones while resistance at 58500 then 58750 zones. Now it has to cross and hold above 58000 zones for a bounce towards 58500 then 58750 levels while on the downside support is seen at 57750 then 57500 zones

Midcap100 Index Technical Outlook

• Index is on the verge of breakout above 63185 marks

Smallcap250 Index Technical Outlook

• Index is consolidating in a range and hovering near 20 DEMA.

Technical Stocks On Radar

UNION BANK OF INDIA

(CMP: 176, Mcap Rs 1,34,298 Cr.)

• Stock is on the verge of breakout above 177.50.

• Noticeable volumes.

• RSI is trending upward.

• Immediate support at 171

NAVIN FLUORINE

(CMP: 7862, Mcap Rs 40,328 Cr.)

• Stock has given trend line breakout.

• Formed a strong bullish candle.

• RSI has given positive crossover .

• Immediate support at 7600.

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