Stock Future Tips - 01 Nov
Buy Relaiance Future 25 -Nov
At - 1011.05
Tgt - 1016.20,1021.50
SL - 1003.45
SELL TATA Motor Future 25- Nov
AT- 1160.65
Tgt- 1154.20,1142.10
SL - 1178.10
Nifty for Next Week
Nifty Future bounce back after taking support of 5965 level and close above psychological level of 6000.if it manages this level we can see some up move in short near term up side resistance for nifty future is 6100/6140 and support for nifty future 6005/5966. One should go for long position in nifty future above 6100.
| Properties | Value |
| S1 | 5945 |
| S2 | 5850 |
| R1 | 6277 |
| R2 | 6160 |
Bank nifty witnessing sharp recovery after good result of icici bank and closed near to its good resistance level , we can see some more recovery in coming trading session resistance for bank nifty is 12500/12635 and support is 12215/12005
| Properties | Value |
| S1 | 12040 |
| S2 | 11708 |
| R1 | 12670 |
| R2 | 12968 |
Stocks For the Week
AXIS BANK - BuyAxis bank from the past few sessions has been in continuous downtrend. The stock has declined from its 1600 levels and now has taken supports at lower range of around 1430. The stock has immediate resistance at 1480; sustenance of the stock above this level can take it to 1495/1523/1550, support for the stock exists at 1459. Thus, one can go long in the stock above 1475 for tgt of 1495/1523/1550 with stop loss of 1459.
Support - 1475
Resistance - 1459
