banknifty Support Zone 51133_50562 Resistance Zone 52400 The Bank Nifty ended at a new closing high of 51,783 and formed a small-bodied bullish candlestick pattern with a long lower shadow on the daily timeframe, indicating buying interest at lower levels. The index was near the upper end of the Rising Channel. According to the monthly options data, the...
nifty Support Zone 23412_23322 Resistance Zone 23664_23766 The Nifty 50 is expected to remain range-bound with resistance at the 23,600-23,650 area. If it closes decisively above this range, then a strong uptrend looks likely, with support at 23,400, experts said. The market ended the range-bound session at a new record closing high on June 20. It remained...
banknifty Support Zone 49799_trendline Resistance Zone 50233_50404 The broader trend for the Bank Nifty is positive as it has been forming a ‘Higher Top Higher Bottom’ structure. The immediate support for the index is placed around 49,500, followed by the 40-day EMA support around 49,200. On the higher side, 50,300 is the resistance level. If surpassed, the...
nifty Support Zone 23320_23206 Resistance Zone 23593_23690 A long build-up was seen in 47 stocks, indicated by an increase in open interest (OI) and price. The tone of benchmark indices remained subdued throughout last week, resulting in modest gains for both Nifty and Sensex. Broader indices however outperformed significantly, with gains ranging from 3.82 to...
banknifty Support Zone 49316_49057 Resistance Zone 50257_50667 The GIFT Nifty is indicating a flat to negative start for the day. The benchmark Sensex and Nifty indices are likely to open flat to negative on June 14, following indication from GIFT Nifty, which is trading near 23,393. Benchmark indices Sensex and Nifty pulled back from record highs but managed...
nifty Support Zone 23206_23110 Resistance Zone 23543_23591 The GIFT Nifty is indicating a flat to negative start for the day. The benchmark Sensex and Nifty indices are likely to open flat to negative on June 14, following indication from GIFT Nifty, which is trading near 23,393. Benchmark indices Sensex and Nifty pulled back from record highs but managed to...
banknifty Support Zone 49316_49057 Resistance Zone 50252_50667 The Nifty Put-Call Ratio (PCR), indicating market sentiment, has improved moderately to 1.02. Indian benchmark indices traded positively in Wednesday’s session, with Nifty registering a new record high of 23,441. However, it gave up most of the intraday gains towards the end and closed around...
nifty Support Zone 23206_23110 Resistance Zone 23543_23591 The Nifty Put-Call Ratio (PCR), indicating market sentiment, has improved moderately to 1.02. Indian benchmark indices traded positively in Wednesday’s session, with Nifty registering a new record high of 23,441. However, it gave up most of the intraday gains towards the end and closed around 23,300...
banknifty Support Zone 49316_49057 Resistance Zone 50252_50667 The Nifty max pain point has dropped to 23,100 from the 23,150 strike price. Indian benchmark indices overcame early weakness and rose steadily before profit booking emerged towards the end of the session. The Nifty has been moving within a range over the past two days, with the VIX falling below...
nifty Support Zone 23110_23038 Resistance Zone 23541_23591 The Nifty max pain point has dropped to 23,100 from the 23,150 strike price. Indian benchmark indices overcame early weakness and rose steadily before profit booking emerged towards the end of the session. The Nifty has been moving within a range over the past two days, with the VIX falling below 15....
Banknifty Support Zone 49122_48923 Resistance Zone 50562_50667 Based on the open interest future percentage, here are the 155 stocks including Nifty Financial, Zydus Life, GNFC, PFC, and Tata Communications, in which short-covering was seen by banking & financial services, IT, metal, and select auto stocks on the last day of the futures & options (F&O) contracts...
Nifty Support Zone 23110_22910_22871 Resistance Zone 23531_23600 Based on the open interest future percentage, here are the 155 stocks including Nifty Financial, Zydus Life, GNFC, PFC, and Tata Communications, in which short-covering was seen by banking & financial services, IT, metal, and select auto stocks on the last day of the futures & options (F&O)...
nifty Support Zone 22147_21725 Resistance Zone 23026_23338 banknifty Support Zone 47737_46000 Resistance Zone 49974_50667_51133 The benchmark Sensex and Nifty indices are expected to open flat on June 7 following indication from GIFT Nifty, which is trading flat at 22,910. Indian stock markets ended positively for the second consecutive session on news of...
nifty Support Zone 22147_21725 Resistance Zone 23026_23338 banknifty Support Zone 47737_46000 Resistance Zone 49974_50667_51133 Technical View: Breach of 22,900 crucial for strengthening Nifty's upside bias In Bank Nifty as per experts, a pullback towards the 48,500 zone presents a good buying opportunity for short-term traders. Domestic equities rebounded...
Nifty Support Zone 21530-21281 Resistance Zone 23226-22833 Banknifty Support Zone 45828-44633 Resistance Zone 49108-49526 Experts say the Nifty 50 is likely to be volatile with a negative bias, with crucial support at 21,250. The market was completely caught in bears' control, plummeting nearly 6 percent on June 4, the biggest single-day fall since March 2020,...
nifty support zone _trendline _23000 resistance zone_23600_23759 banknifty support zone _trendline _50400 resistance zone _51600_52000 The GIFT Nifty is indicating a positive opening for the day. The benchmark Sensex and Nifty indices are expected to trade higher on June 4, following GIFT Nifty trends indicating a gain of 110.5 points (0.47 percent) for the...
nifty Support zone 22404-22224 Resistance Zone 22705-22802 banknifty Support Zone 48114-47899 Resistance Zone 49390-49688 Considering the high volatility ahead of exit polls due on June 1 and Lok Sabha election results on June 4, experts advised participants to avoid making aggressive bets on either side in the initial days of the new series. Market...
Nifty Support Zone 22619-22483 Resistance Zone 22794-22908 Banknifty Support Zone 48021-47758 Resistance Zone 48768-49043 According to experts, the next support for the Nifty 50 lies around 22,600, followed by 22,500. As long as the index holds these support lines, the possibility of a rebound seems high in the coming sessions, with crucial resistance at the...