Showing posts with label Market Reports. Show all posts
Showing posts with label Market Reports. Show all posts
Nifty Bank Nifty Intraday Prediction for Tomorrow
[5:54 PM | 0 comments ]
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Today, markets lost significantly and Benchmark share indices ended lower for the second session. Banking, Metal and Oil and Natural Gas dragged the indices down. Auto and realty also not traded well. Nifty settled near 4,710, down by 44 points, whereas sensex ended at 15727, down by 146 points.

Nifty Futures can be expected to be bullish in the coming trading session if it manages to trade above the resistance level of 4765 else below the support level of 4685 it would be in a downward trend.
Resistance: 4765 - 4815.
Support: 4685 - 4615.

Bank Nifty Futures can also be expected to be bullish in the coming trading session if it manages to trade above the resistance level of 8255 else below the support level of 8055 it would be in a downward trend.
Resistance: 8255 - 8475.   
Support: 8055 - 7930.

Intraday Tips for Tomorrow: Market Report and Nifty Prediction
[5:06 PM | 0 comments ]
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As per the expectations, the markets traded very well today and gained quite significantly. Both benchmark indices closed with more than 3% gains. All sectorial indices traded in green and closed positive. The Nifty settled around 4690, up by near about 147 points, where as sensex closed around 15680, up by near about 508 points from their prevoius close.

Nifty is expected to be bullish in the coming trading session if it manages to trade above the resistance level of 4725 else below the support level of 4610 it would be in a downward trend.
Resistance: 4725 - 4850.
Support: 4610 - 4530.
       
Bank Nifty is expected to be bullish in the coming trading session if it manages to trade above the resistance level of 8250 else below the support level of 7930 it would be in a downward trend.
Resistance: 8250 - 8690.   
Support: 7930 - 7750.