India’s stock benchmarks opened lower, dragged by losses in auto, informational technology, banking and realty stocks, amid decline in global equities due to concerns over Federal Reserve policy tightening and geopolitical tension.
Sensex / Nifty Future
Sensex / Nifty Future
Live Sensex / Nifty Future Tips: Free Live NSE/Nifty Future Price Charts, Tips today – Sensex / Nifty Future Tips, Bank Nifty Future forecast Today, BANK NIFTY, Nifty50, NSE, BSE, Sensex, Nifty Future, Bank Nifty Future, India, National Stock Exchange, Bombay Stock Exchange, Future & Option.
Nifty below 17500 Target 17000 | Bank Nifty May hit 38600 [24-01-2022]
The chart pattern suggests that if Nifty crosses and sustains above 17800 level it would witness buying which would lead the index towards 18000-18300 levels. However, if index breaks below 17500 level it would witness selling which would take the index towards 17200-17000.
37,200 is an Important support for today in Bank nifty
Nifty heading up or down?
“We are within touching distance of the 17600 mark that has been on discussion for that last fortnight. While the morning star pattern formed by hourly candles towards yesterday’s close, gives hopes of a bounce-back aiming 17950 and beyond, the inability to float above 17680 could cause some turbulence and thwart the potential for an outright rise.
Nifty finds crucial support at 17650, traders advised to focus on quality names
On Tuesday, US markets extended their losses but yesterday morning (Thursday) we saw some recovery in Dow futures and Asian bourses also looked cheerful. Despite this, our markets started correcting after a flat start. Barring a small recovery in the first hour, we witnessed continuous selling pressure thereafter. In fact, post the mid-session the selling augmented to slide below 17700 as well. Fortunately, due to some modest tail end recovery, Nifty managed to minimize the damage to a per cent.
Bank Nifty set for reversal? [20-01-2022] – Neal Bhai Reports
“For Positional Traders: Bank Nifty looks good for a reversal. Its didn’t break yesterday’s low. PSU Banks holding strong in a negative market,” said Rahul Sharma, Director & Head – Research, JM Financial.
Trading Spot Nifty band is between 17850 and 18160
Spot Nifty: The index option weekly highest Call base is still placed at 18100, which remains an immediate hurdle. The highest Put base is still placed at 17900-17800, which remains positional support.
Opening Bell: Sensex, Nifty Open Lower; PTC India Financial Tumbles 16%
Sensex, Nifty Open Lower: India’s stock benchmarks opened lower, dragged by losses in information technology stocks, amid a retreat in equities across the world.
The S&P BSE Sensex shed 0.21% to 59,970.44. The NSE Nifty 50 also declined by similar magnitude to 17,905.65. Infosys Ltd. had the largest drop, falling 1.5%. In early trading, 25 of 50 shares fell, while 25 rose
Nifty may head to 17850 if it remains below 18000; watch Tata Motors, SBI, others for stock-specific action
Nifty 50 index opened flattish on Wednesday and cascaded down to 17884 levels. It slipped throughout the day with slight recovery in the last hour and finally, closed with losses of around 170 points. It formed a Bearish candle on the daily scale and negated its higher highs formation of …
Nifty needs to close above 18000 to keep positive
Nifty Future: “We are very close to the psychological support level of 18000; ideally, the Nifty should close above this for the positive sentiment to remain intact.
Nifty: Prudent to look for a close above 18330 or dips to 17950 before reconsidering longs
Nifty: “The 18210-330 region that we had kept In our cross hairs for the last few days, with the expectation of offering stiff challenges to upsides, stood firm despite persistent attempts to push higher.