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Follow on Google News | Nifty /Bank Nifty moments on 22nd july 2016The market was closed lower on Thursday with The Nifty fell down 55.75 points or 0.6 percent at 8510.10. Around 1100 shares were positive and 1590 shares were down, and 185 stocks remain unchanged.
The market was closed lower on Thursday with The Nifty fell down 55.75 points or 0.6 percent at 8510.10. Around 1100 shares were positive and 1590 shares were down, and 185 stocks remain unchanged. Buyers are waiting for GST bill. For any upside 8600 will be the resistance to make new high, nifty had to break 8600 level after that 8750 will be the target in coming days for nifty, whereas 8480 will be the near supporting level. It's the strong time that tomorrow will be the last trading session for the week and we should not get down by 8480 & if so happens we would break the consistency of last eight trading days and a reversal can be seen in coming trading sessions leading for 8380 & 8270 handle. Bank Nifty Outlook Weakness in earning drag the market down today. Where European index trading flat. Bank Nifty closed red @ 18704 down by 326 points. Since 18600 is acting as a major support and if the index break this handle we can expect 18450 and 18200 in coming days. On up side we need strong buy to get above 19080 so that profit booking can be done on 19150 handle. Banking sector was facing strong opposite wave and took a dip which break the consistency of last four days , Axis bank was marked 4% down and sellers lead the market with a good profit booking. On other hand the first half was the buyer's market. NIFTY RESISTANCE & SUPPORT Resistance (R1/R2) 8562/8614 Support (S1/S2) 8480/8451 What We Do? In Star India Market Research (http://www.starindiaresearch.com/ We have an excellent research team who provides genuine & accurate research in Stock Market- Cash, F&O, traded in NSE, BSE, Commodity Market- Metal, Base Metal, Agri Commodity traded in MCX, NCDEX Exchange & Forex Market- Currency tips traded in Forex Exchange We help traders & investors by providing them deep research calls & research reports so that they can understand the market chaos & take benefits from complex market too. Fundamentally; Technically; Here In Star India Market research-we have some unique strategies which is made by combining both of fundamental & technical of the market together which gives handsome profit in minimum risk. Take a step ahead & Join us & see the difference The Novelty of Star India & Our Services- 1) Our Area of Operation- · Stock Cash Tips · Stock Future Tips · Option Tips · Nifty Tips · Mcx Tips · NCDEX Tips · Forex Tips · Currency Tips · Positional Tips · Intraday Tips 2) Free Trial in basic services 3) Intense 24/7 support & proper guidance 4) Lightning fast SMS & messenger facility 5) Deep analysis by daily & weekly research Report End
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