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Nifty Technical Outlook

NIFTY (CMP : 23873 ) Nifty immediate support is at 23700 then 23600 zone while resistance at 24100 then 24200 zones. Now till it holds below 24000 zones weakness could extend towards 23700 then 23600 levels while on the upside hurdles can be seen at 24100 then 24200 zones.

Sensex Technical Outlook

SENSEX (CMP : 76152) Sensex support is at 75800 then 75500 zones while resistance at 76500 then 76700 zones. Now if it holds below 76300 zones, weakness could be seen towards 75800 then 75500 zones while hurdles have shifted lower to 76500 then 76700 zones.

Bank Nifty Technical Outlook

BANK NIFTY (CMP : 57380) Bank Nifty support is at 57000 then 56750 zones while resistance at 57750 then 58000 zones. Now it has to cross and hold above 57500 zones for a bounce towards 57750 then 58000 levels while a hold below the same could see weakness towards 57000 then 56750 levels.

Midcap100 Index Technical Outlook

Smallcap 250 Index Technical Outlook

Technical Stocks On Radar

PRESTIGE ESTATES Ltd.

(CMP:1615 , Mcap Rs 69,572 Cr.)

• More Momentum above 1645.

• Surging Volumes

• RSI Bouncing from lower levels.

• Immediate support at 1580.

ENGINEERS INDIA Ltd.

(CMP:282, Mcap Rs 15,847 Cr.)

• Holding above Trendline Breakout.

• Sustaning above 50 DEMA.

• Immediate support at 272.

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