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Nifty Technical Outlook

NIFTY (CMP : 24774 ) Nifty immediate support is at 24500 then 24400 zone while resistance at 24800 then 25000 zones. Now it has to hold above 24600 zones for an up move towards 24800 then 25000 zones while support can be seen at 24500 then 24400 zones.

Sensex Technical Outlook

Sensex (CMP : 78639) Sensex support is at 78300 then 78000 zones while resistance at 79000 then 79300 zones. Now it has to hold above 78500 zones for a bounce towards 79000 then 79300 levels while on the downside support is shifting higher at 78300 then 78000 zones

Bank Nifty Technical Outlook

BANK NIFTY (CMP : 58247) Bank Nifty support is at 57750 then 57500 zones while resistance at 58500 then 58750 zones. Now it has to hold above 57000 zones for an up move towards 58500 and then 58750 levels while supports are shifting higher to 57750 then 57500 zones.

Midcap100 Index Technical Outlook

• Index has given trend line breakout on daily chart.

Smallcap 250 Index Technical Outlook

• Index is on the verge of giving breakout.

Technical Stocks On Radar

BPCL

(CMP: 330, Mcap Rs  1,43,149 Cr.)

• Stock has given range breakout on daily chart.

• Strong bullish candle.

• RSI is positively placed

• Immediate support at 315.

NYKAA

(CMP: 345, Mcap Rs 98,775 Cr.)

• Stock has given trend line breakout on daily chart.

• Surge in volumes.

• RSI Positively placed .

• Immediate support at 335.

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