Showing posts with label Nifty Updates. Show all posts
Showing posts with label Nifty Updates. Show all posts
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Nifty Futures shut stop at 5345.55 up by 71.20 points or 1.35 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5360 else below support level of 5260 it would be in a downward trend.
Support: 5260 - 5170.
Resistance: 5360 - 5410.

Bank Nifty Futures shut stop at 10154.85 up by 187.05 points or 1.88 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 10200 else below support level of 9900 it would be in a downward trend.
Support: 9900 - 9740.
Resistance: 10200 - 10530.


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Nifty Prediction
Today, Nifty is expected to open flat in the range of 4,831-4,911 in the upper side and 4,818 & 4,798 in the lower side. Traders can create long positions, if the Nifty takes support at around 4,846 levels for targets of 4,876 and 4,900 else can create short positions if the Nifty resists at around 4,911 levels.

Bank Nifty Today
Today, Bank Nifty is expected to trade volatile in the range of 8,583-8,883. After being range-bound for the last five or six days, in a fabulous session the Nifty added 107 points.


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Yesterday, Nifty closed with little loss as it recovered most of the lost points. For today, Nifty has resistance at 4,768 and 4,800 and the support is at 4,702 and 4,659 levels. A Movement above 4,800-4,819 and a movement below 4,659 is expected to turn the Nifty in major one sided movement.


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Indian Markets opened lower and getting weak global cues, as investors are waiting for the Q3 quarterly results. The markets appears to be in sideways therefore, traders are advised to avoid long position below the support level of 4,752.
Nifty support: 4,722.
Resistance: 4,762.





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Yesterday, the markets remained volatile and Nifty closed below 4,749. For today, the markets are expected to open on a flat note and will take cues from global markets and will remain in sideway's, a break above 4,749 or below 4,658 will give a trend to the movement of the market. The traders are advised to trade long in Nifty only above 4,749 levels for targets around 4,800 levels with a strict stop loss at 4,719, short Nifty if it fails to cross 4,800 levels for targets of 4,749 with a strict stop loss at 4,719.
Positional Support for NIFTY 4702 - 4680.
Positional Resistance for NIFTY 4782 4836 4921 4940 4948 4964.

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Yesterday, Nifty was in a bearish trend and closed below 4,752. For today, Nifty is expected to remain sideways and the market is likely to take cues from global markets. If Nifty shows strength above 4,752 levels, then rally towards 4,802/4,837/4,900 could also be seen. If Nifty does not show strength above 4,752 levels then selling pressure will continue till 4,702/4,652/4,600 levels.
Traders are advised to short Nifty if it fails to cross 4,802 levels for target of 4,752 with a strict stop loss placed at 4,822.


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Today, the markets opened on a positive note and expected to carry previous session's gains. Yesterday, Sensex closed around 15,938, up by 420 points and Nifty around 4764, up by 127 points from previous close. Nifty made a good come back but it is still in bear side. Nifty is expected to trade in the range of 4,729-4,847. For today, Nifty has resistance at 4800-05 levels, on the downside it has support at 4726-23 levels. Today, Bank Nifty is expected to trade in the range of 8,234-8,464 level. Support for today is at 8,177 and resistance is around 8,615-8,688 level.
Traders are advised to trade long in Nifty only above 4,795 levels for targets 4,818 and 4,845 levels with strict stop loss at 4,778 levels.
Get Free Nifty levels, Nifty Prediction, Bank Nifty Tips on Mobile


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The markets are expected to open in green on positive from Asian markets. Yesterday, NSE Nifty closed around 4,636 up by 12.40 points or by 0.27% whereas, BSE sensex ended around 15,517.920 up by 63 points or by 0.40%. Today, flat positive opening is expected. For today, Nifty Intraday support levels are around 4,620 - 4,600 - 4,584 levels and resistance levels are around 4,686.

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Yesterday, Nifty continued the weakness and closed near 4646. Therefore, for today the first resistance for nifty is at 4665-69 levels, crossing theses levels it will find next resistance ranges around 4687-92, 4715-20, 4768-73, 4827-31, 4879-74, 4919-22 levels. On downside first support is at 4629-25 level. Next supports are at 4608-03, 4581-76, 4530-26, 4486-83, 4456-51, 4436-31, 4401-396 level. Again nifty closed below 4700 signaling the underlying bear force. A move below 4600 can put some more pressure to market unless a strong move above 4686 better stay from long side even for intraday.



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Yesterday, Nifty closed with loss of 28 points. As today (Thursday) is the expiry of Nifty December future some volatility may be seen. Nifty showed selling pressure from resistance close to 4,755 levels, whereas some recovery from support 4,700 - 4,685 levels also seen, therefore selling pressure is expected to continue below 4,685 zone and on upside Nifty is expected to face resistance around 4,755 - 4,800 zone. There is also a high possibility of up move towards 4,845 - 4,925 zone. 
For today, traders are advised to sell on any rise in the region from 4,845 to 4,885 with strict stop loss of 4,995 and for downside target of 4,675.

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The markets are expected to open in red today. Asian markets also opened in red due to lack of cues from the European and US markets. Yesterday, NSE Nifty closed at 4,750 down by 28 points or 0.6%. The BSE Sensex ended at 15,873.90 down by 96.8 points or 0.61%.
Nifty futures is expected to be bullish in today's trading session if it manages to trade above the resistance level of 4810 else below the support level of 4690 it would be in a downward trend.