NIFTY 16-09-2024 MONDAY
PRE-OPEN 50.15 UP 25406 ADVANCES 39 DECLINE 8 UNCHANGED 3
RELIANCE - POSITIVE
ICICI BANK - POSITIVE
HDFC BANK - FLAT
INFOSYS - FLAT
LT- FLAT
SPOT 25393 +015%+
STRONG RESISTANCE - 25400 EXTENSION 25551
STRONG SUPPORT - 25400 EXTENSION 25341
R2 25500
S2 25300
DECISION: Strong resistance and support and expecting market to wobble between EOS & EOR. Not much movement expected till once of the strong points gets taken over. Wait for the change.
Profit chances - Rs 20-30 moves only. Swings from EOR OR EOS.
no positional lands in profits.
Decision closed.
RELIANCE - POSITIVE
ICICI BANK - POSITIVE
HDFC BANK - FLAT
INFOSYS - FLAT
LT- FLAT
SPOT 25393 +015%+
STRONG RESISTANCE - 25400 EXTENSION 25551
STRONG SUPPORT - 25400 EXTENSION 25341
R2 25500
S2 25300
DECISION: Strong resistance and support and expecting market to wobble between EOS & EOR. Not much movement expected till once of the strong points gets taken over. Wait for the change.
Profit chances - Rs 20-30 moves only. Swings from EOR OR EOS.
no positional lands in profits.
Decision closed.
Note
Strong resistance correction: 25451**
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