11th Dec 2019 #BankniftyFuture Intraday Levels

BankniftyFuture last close : 31226.55

BankiftyFuture has corrected 1000 points in last 4 sessions. ICICIBANK, Kotakbank and Hdfcbank are sustained in positive bias. Other bank stocks has seen selling pressure.

Yesterday sent selling alert 31400………… and booked profit at 31220.

Today BankniftyFuture is facing a intraday resistance at 31300, 31380

If crossover 3180……… will try to check 31500…….. But stay caution at higher levels

Today BNF considering support around 31160, 31070 and 30920

Don’t short at very lower levels!!

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Updated : 08.52 AM / 11th Dec 2019

11th Dec 2019 Hot Stocks and Stocks To Watch

ITC

( Last Close : 235.60)

ITC fell at 2.5% on Yesterday’s trade… Some news hike GST on 18th Dec

Favored for bears……. Stock if rise likes 237-240 can sell

Down side supports 232 and 228

Resistance at 242

M&M

(Last close : 505.75)

M&M finding a very strong trend line support at 502

Stock if fails to take support at 502

Expecting further weakness up to 490-485

Watch at 502

ACC

 (Last close : 1436.35)

ACC saw a sharp selling pressure on Yesterday’s trade

Stock if rise likes 1445-1460 can sell

Down side support at 1415……. Below 1415

Further weakness will be expected up to 1380

NESTLEIND

( Last Close : 14091.70)

NESTLEIND near by recent resistance

Stock once if breaks & stays above the level

Expecting further up move

Which level will be breaks ?? and What is the Targets ?

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Updated : 08.25 AM / 11th Dec 2019