Tuesday, 3 January 2017

Bank Nifty Tips | Nifty Option Tips | TradeBizz Research

Nifty closed on a slight negative note at 8179 level.

So today on upside first intra resistance is at 8222-26 level.

Next resistance are at 8258-63, 8297-02, 8359-64, 8399-04, 8440-45, 8478-83, 8537-42, 8597-02, 8660-65, 8694-99, 8736-41, 8778-83 and 8807-12 level.

On downside first support is at 8136-31 level.

Next support are at 8100-95, 8061-56, 8004-99, 7966-61, 7928-23, 7899-94, 7860-55, 7816-11, 7770-65, 7735-30, 7696-92, and 7649-45 level.

Market is in slightly in bull zone but 8260 is a big hurdle area. So today for intraday on upside intra resistance are at 8226 and 8263 level and On downside be alert below 8131 and avoid all longs below 8095 level as selling may intensify below that level. Have a look at weekly trend.

Positional Support for NIFTY is 8124, 8108, 8072 and 8050.

Positional Resistance for NIFTY is 8243, 8285, 8347, 8404 and 8485.

Intraday Resistance of NIFTY is 8231: 8263.1: 8328.6: 8347.6

Intraday Support of NIFTY is 8153.5: 8121.4: 8057: 8038.4
 
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S&P CNX NIFTY-Over View


S&P CNX NIFTY is the Blue chip Index of NSE. The top 50 companies listed on NSE from Various sector like IT, Banking, Cement, Oil, Steel, Infrastructure etc are included in Nifty Index with different weight-age(Top weightage-Reliance, Infosys, Icici bank, Lt, HDFC)is given to each company. Nifty Index is professionally managed and moreover it can be considered as a barometer of Indian Economy. We will give you daily in-depth technical analysis report of Nifty, Analysis of Nifty in future and option, Performance of share included in Nifty for medium-long term and for very short term. And also covers breadth indicator like advance-decline ratio, put call ratio, Bullish percent index, Advance decline volume Fundamental Growth rate like Price Earnings Ratio, Index EPS, Dividend ratio other economic ratio like GDP growth rate etc. All the analysis report is updated daily

 

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