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Nifty For Tomorrow

Nifty Future For Monday
Nifty future as mentioned earlier, resulted in sharp fall below the level of 6180 and has closed below 6100 levels. Nifty future may correct some more from current levels to 5980 levels if it continues to stay below 6140 levels. Support for nifty future is at 6005/5950 levels and has resistance at 6145/6200 levels.

Bank Nifty For Monday
Bank nifty future resulted in sharp fall below the level of 12750 and has closed below it. Bank nifty future may correct some more from current levels to 12320/12250 levels if it continues to stay below 12635 levels. Support for bank nifty future is at 12390/12250 levels and has resistance at 12635/12750 levels.

Nifty For Next Week

Nifty future as mentioned earlier resulted in sharp fall below the level of 6180, and has closed below 6100 levels. Nifty future may correct some more from current levels to 5980 levels if it continues to stay below 6140 levels. Support or nifty future is at 6005/5950 levels and has resistance at 6145/6200 levels.
S1-6300
S2-5965
R1-6192
R2-6300

Bank nifty future resulted in sharp fall below the level of 12750 and has closed below it. Bank nifty future may correct some more from current levels to 12320/12250 levels if it continues to stay below 12635 levels. Support for bank nifty future is at 12390/12250 levels and has resistance at 12635/12750 levels.
S1-12375
S2-12229
R1-12793
R2-13065

Stock For Next Week


BAJAJ AUTO LTD - Buy
BAJAJ AUTO LTD IS IN CONSOLIDATION PHASE BUT OVER ALL TREND IS BULLISH FOR THE STOCK. IF IT MANAGES TO SUSTAIN ABOVE 1600 LEVEL WE CAN SEE IT TESTING 1670 Indices BAJAJ AUTO LTD LEVEL IN NEAR TERM. WE RECOMMEND BUY ABOVE 1600 FOR TARGET OF 1630,1650,1670 WITH SL 1575.
Support - 1575
Resistance - 1600

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