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Nifty Technical Outlook

NIFTY (CMP : 23869 ) Nifty immediate support is at 23600 then 23500 zone while resistance at 23900 then 24000 zones. Now if it holds below 23800 zones, weakness could be seen towards 23600 then 23500 levels while on the upside hurdle can be seen at 23900 then 24000 zones.

Sensex Technical Outlook

Sensex (CMP : 76391) Sensex support is at 75500 then 75000 zones while resistance at 76500 then 76700 zones. Now if it holds below 76000 zones, weakness could be seen towards 75500 then 75000 zones while hurdles have shifted lower to 76500 then 76700 zones.

Bank Nifty Technical Outlook

BANK NIFTY (CMP : 56592) Bank Nifty support is at 56000 then 55750 zones while resistance at 56750 then 57000 zones. Now if it holds below 56500 zones weakness could be seen towards 56000 then 55750 levels while on the upside hurdle is seen at 56750 then 57000 zones.

Midcap100 Index Technical Outlook

• Index has given triangle breakdown on daily chart.

Smallcap 250 Index Technical Outlook

• Index formed a Bearish Candle and closed below 20 DEMA.

BRENT CRUDE : DAILY CHART

NIFTY AUTO : DAILY CHART

Technical Stocks On Radar

GE VERNOVA T&D 28th JULY FUT

(CMP: 4328, Mcap Rs 1,10,831 Cr.)

• Stock has given Bearish Flag breakdown on daily chart.

• Resistance shifting lower.

• RSI is negatively placed.

• Immediate hurdle at 4420

BAJAJ FINSERV

(CMP: 1889, Mcap Rs 3,02,408 Cr.)

• More momentum above 1920.

• Holding gains in spite of broader market weakness.

• RSI Positively placed .

• Immediate support at 1850

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