Monday 31 July 2017

WEEKLY NIFTY/ BANK NIFTY TECHNICAL VIEW CALL @8817002233

WEEKLY NIFTY/ BANK NIFTY TECHNICAL VIEW

NIFTY OUTLOOK

TREND :- BULLISH
RESISTANCER1 10050R2 10115
SUPPORTS1 9963S2 9928

TECHNICAL VIEW:

On the daily chart the Nifty is above the 20-day moving average (DMA) and the 40-DEMA, i.e. 9990 and 10115 respectively. The momentum indicator is in bullish mode on the daily chart.

 


BANK NIFTY OUTLOOK

TREND :- BULLISH
RESISTANCER1 25032R2 25175
SUPPORTS1 24650S2 24520

TECHNICAL VIEW:

On the daily chart the Bank Nifty is above the 20-day moving average (DMA) and the 40-DEMA, i.e. 24920 and 25020 respectively. The momentum indicator is in bullish mode on the daily chart.

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