07th Dec 2018 #Nifty Future Intraday Levels

December 7, 2018 NIFTY Future Update

Nifty Future last close :10626.30

Nifty has saw a sharp correction for the second day, Nifty falling nearly 200 points

Asian indices traded in the green after seeing 2 days of huge correction as the US markets recover.

While updating SGX Nifty were trading at 10690 up 65 points

           

 Today Nifty Future is expected to open at gap up followed by global market

Likely to witness volatile trade will be expected during the day

 Today Nifty Future is facing a intraday resistance at 10640-10670

Once if breaks and holds above 10670…….. Finding next resistance around 10710

Stay caution at higher levels!!

  Today Nifty Future can be considered as supports as 10620-10600

Once if breaks and holds below 10600, Finding next support around 10550

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Updated : 08.54 AM / 07th Dec 2018

07th Dec 2018 #Banknifty Future Intraday Levels

December 7, 2018 Bank Nifty Future Update

Banknifty Future last close : 26284.55

Today Banknifty Future is facing a resistance at 26350 and 26430

If crossover 26430 with volumes………. will try to move 26530

Stay caution at higher levels!!

Today BNF can be considered as supports as 26200 and 26130

Thereafter will try to check next support around 25960

More live market update will be sent to our clients only

AXISBANK last close : 600.05

AXISBANK considering support at 598

If fails to take support at 598……….

Finding next support at 591 and 585

Updated : 08.52 AM / 07th Dec 2018

07th Dec 2018 Hot Stocks & Stocks To Watch

December 7, 2018 HOT Stocks

MGL

 (Last close : 873.30)

MGL has finding trend line resistance at 878

Stock once if breaks and holds above the level

Finding next resistance around 890+

Support at 870

BALKRISHIND

( Last Close : 894.60)

BALKRISHIND has broken strong support at 920 and closes below the level

Favored for bears………. Once if breaks and holds below 891

Further weakness will be expected up to 880 and 867

Resistance at 905

CIPLA

 (Last close : 515.30)

CIPLA can be considered as strong support at 511

Stock if fails to take support at 511

Further weakness will be expected up to 505 and 496

Stop-loss (Members only)

NIITTECH

 ( Last Close : 1080.10)

NIITTECH near by recent bottom

Stock once if breaks & stays below the level

Expecting more weakness

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

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Updated : 08.48 AM / 07th Dec 2018