Share Market Tips for – Wednesday, September 23, 2020

Market Today: Indian Stock Market would open flat with favorable bias. Market would enter into a positive zone just if it closes above 11351 for Nifty and 21757 for Bank Nifty but till then traders can continue to hold brief positions. Traders should initiate fresh long positions just if the market closes above these reversal levels of 11351 for Nifty and 21757 for BankNifty.

NSE BankNifty: (21139) The assistance for BankNifty is 21065-20878-20745-20620 and the resistance to the up move is 21380-21560-21715-21862.

Nifty:.

FIIs were net sellers of Rs.2072.76 crores whereas DIIs were net buyers of Rs.878.91 crores in the money market for the last trading session. Nifty would see strong assistance at 11100-11085-11024 whereas strong resistance would be seen at 11215-11265-11308-11340 levels. EquityPandits support and resistance levels constantly satisfy accuracy and for this reason traders are recommended to follow them for good revenues.

BSE Sensex: (37734) The assistance for the Sensex today is 37600-37440-37365-37110 and the resistance to the up relocation is at 37940-38075-38180-38370 levels.

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Last Trading Session: Indian Stock Market opened positive precisely as anticipated. EquityPandit anticipated that Indian Stock Market would open favorable but the market is in bearish pattern and traders can go short at every rally up until Nifty holds below 11525 and precisely the same occurred. Indian Stock Market moved favorable and saw highs right near EquityPandits predicted resistance levels of 11308 for Nifty and fell down dramatically from there.

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Inspect the Trend Of Major Indices and Stocks.

NSE Nifty: (11154) The support for the Nifty is 11100-11085-11024 and the resistance to the up relocation is at 11215-11265-11308-11340.

Bank Nifty:.

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EquityPandit forecasted that Indian Stock Market would open favorable but the market is in bearish pattern and traders can go short at every rally until Nifty holds below 11525 and precisely the same occurred. Indian Stock Market moved positive and saw highs right near EquityPandits anticipated resistance levels of 11308 for Nifty and fell down dramatically from there. Market Today: Indian Stock Market would open flat with favorable predisposition. Market would enter into a positive zone only if it closes above 11351 for Nifty and 21757 for Bank Nifty however until then traders can continue to hold brief positions. Traders should initiate fresh long positions just if the market closes above these reversal levels of 11351 for Nifty and 21757 for BankNifty.