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Nifty Technical Outlook

NIFTY (CMP : 22698) Nifty immediate support is at 22600 then 22500 zones while resistance at 22800 then 22900 zones. Now it has to hold above 22700 zones for an up move towards 22800 then 22900 zones while a hold below the same could see weakness towards 22600 then 22500 zones.

Sensex Technical Outlook

SENSEX (CMP : 73246) Sensex support is at 73000 then 72700 zones while resistance at 73500 then 74000 zones. Now it has to cross and hold above 73300 zones for an up move towards 73500 then 74000 zones while a hold below the same could see weakness towards 73000 then 72700 zones.

Bank Nifty Technical Outlook

BANK NIFTY (CMP : 54267) Bank Nifty support is at 54000 then 53750 zones while resistance at 54500 then 54750 zones. Now it has to hold above 54250 zones for an up move towards 54500 then 54750 levels while a hold below the same could see weakness towards 54000 then 53750 levels.

Midcap100 Index Technical Outlook

Index is trading in a channel.

Smallcap250 Index Technical Outlook

Index has formed a small bodied candle.

Technical Stocks On Radar

TVS MOTOR.

(CMP: 4240 | Mcap: Rs2,01,432 Cr.)

• Stock has given Trend line breakout on daily chart.

• Bouncing from 200 DEMA.

• Surge in volumes.

• Immediate support at 4113.

NYKAA.

(CMP: 343 | Mcap: Rs 98,116 Cr.)

• More Momentum above 349.

• Bounced back from 100 DEMA.

• RSI Perfectly placed.

• Immediate support at 332.

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