Nifty is expected to open on a flattish note and likely to remain sideways move during the day - Nirmal Bang Ltd
![](https://portfolio.investmentguruindia.com/uploads/news/Nirmal bang.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Market Review:
Indian markets extended its winning streak for the fourth straight session on April 24 even though the benchmarks trimmed some of the gains in the afternoon, as investors awaited earnings of FMCG giant Hindustan Unilever (HUL), banking major Axis Bank and several other firms.The Sensex ended 114.49 points, or 0.16 percent, higher at 73,852.94, and the Nifty closed 34.40 points, or 0.15 percent, up at 22,413.40.
Nifty Technical Outlook
Nifty is expected to open on a flattish note and likely to remain sideways move during the day. On technical grounds, Nifty has an immediate support at 22340. Any move below the same may extend the fall toward 22250-22170 mark. On the flip side 22500-22580 will act as strong resistance levels. It’s a stock specific market, trade calls with strict stop loss.
Action: Nifty has an immediate support placed at 22340 and on a decisive close below expect a fall to 22250-22170 levels.
Bank Nifty
Bank Nifty’s next immediate support is around 48000 levels on the downside and on a decisive close below expect a fall to 47770-47500. There is an immediate resistance at 48500-48700 levels.
Technical Call Updates
Please refer disclaimer at https://www.nirmalbang.com/disclaimer.aspx
SEBI Registration number is INH000001766
![](https://portfolio.investmentguruindia.com/uploads/news/jul04v89_Wex0B3E.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/religare broking.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/HDFC Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Zomato07.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Piyush Goyal07.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/jul04v38_zDiylqc.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Prashant Thakur ANAROCK Group.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/jul03v152_BhgJWbe.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Shrikant Chouhan.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/uploads/news/Nirmal bang.jpg)
Indian benchmarks settled at fresh closing highs on Wednesday by Nirmal Bang Ltd
![Nifty has an immediate resistance placed at 24370 and on a decisive close above expect a rise to 24440-24500 levels by Nirmal Bang Ltd](https://portfolio.investmentguruindia.com/uploads/news/Nirmal bang.jpg)
![Index is likely to open on a gap up note today and is likely to remain positive during the day by Nirmal Bang Ltd](https://portfolio.investmentguruindia.com/uploads/news/Nirmal bang.jpg)
![Nifty has an immediate resistance placed at 24270 and on a decisive close above expect a rise to 24340-24400 levels by Nirmal Bang Ltd](https://portfolio.investmentguruindia.com/uploads/news/Nirmal bang.jpg)
More News
![](https://portfolio.investmentguruindia.com//uploads/news/Broker _17.jpg)
Market Quote : The benchmark index traded on a tepid note following the weak German growth d...
![Daily market commentary : Domestic equities were off from the day`s high amid selling in index heavyweights by Mr. Siddhartha Khemka, Motilal Oswal Financial Services Ltd](https://portfolio.investmentguruindia.com/uploads/news/broker_86.jpg)
![Nifty is expected to open on a positive note and likely to witness range bound move during the day - Nirmal Bang Ltd](https://portfolio.investmentguruindia.com/uploads/news/Nirmal bang.jpg)
![Quote on Market by Karthick Jonagadla, smallcase Manager and Founder, Quantace Research](https://portfolio.investmentguruindia.com/uploads/news/Karthick Jonagadla.jpg)