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Nifty Technical Outlook

NIFTY (CMP : 24219 ) 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 zones for an up move towards 24400 then 24500 zones while support can be seen at 24100 then 24000 zones.

Sensex Technical Outlook

SENSEX (CMP : 77369) Sensex support is at 77000 then 76800 zones while resistance at 77700 then 78000 zones. Now it has to cross hold above 77500 zones for a bounce towards 77700 then 78000 levels while on the downside support is seen at 77000 then 76800 zones.

Bank Nifty Technical Outlook

BANK NIFTY (CMP : 57525) Bank Nifty support is at 57000 then 56750 zones while resistance at 57750 then 58000 zones. Now till it holds below 57600 zones some weakness could be seen towards 57000 then 56750 levels while on the upside hurdle is seen at 57750 then 58000 zones.

Midcap100 Index Technical Outlook

Smallcap 250 Index Technical Outlook

Technical Stocks On Radar

AU BANK

(CMP:1114 , Mcap Rs 83,542 Cr.)

• Trendline Breakout on Daily Chart.

• Overall Uptrend.

• RSI Positive crossover

• Immediate support at 1080

COCHIN SHIPYARD Ltd.

(CMP:1514, Mcap Rs 39,830 Cr.)

• More Momentum above 1532.

• Bullish Candle.

• Mechanical Indicator positively placed.

• Immediate support at 1470.

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