Share Market Tips for – Monday, November 02, 2020

NSE BankNifty: (23901) The assistance for BankNifty is 23740-23615-23500-23365 and the resistance to the up move is 24075-24270-24440-24575-24660.

Market Today: Indian Stock Market would open favorable. Market would enter into a favorable zone only if it closes above 11814 for Nifty and 24549 for BankNifty. The United States election would be held on November 03, 2020 and would impact the direction of worldwide stock markets.

Indian Stock Market moved unfavorable however saw assistance right above EquityPandits anticipated support levels of 11530 for Nifty and 23615 for BankNifty like a dot. Indian Stock Market recovered from day lows but still managed to close negative for the day.

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FIIs were net sellers of Rs.870.88 crores whereas DIIs were net purchasers of Rs.631.11 crores in the cash market for the last trading session. Nifty would see strong assistance at 11605-11570-11530-11500 whereas strong resistance would be seen at 11715-11768-11880-11940 levels. EquityPandits assistance and resistance levels constantly satisfy precision and for this reason traders are recommended to follow them for excellent revenues.

Inspect the Trend Of Major Indices and Stocks.

BSE Sensex: (39614) The support for the Sensex today is 39450-39335-39200-39110 and the resistance to the up move is at 39880-39970-40035-40110-40270 levels.

Market Today: Indian Stock Market would open favorable.

Nifty:.

Last Trading Session: Indian Stock Market opened flat as forecasted. Indian Stock Market moved unfavorable however saw support right above EquityPandits forecasted assistance levels of 11530 for Nifty and 23615 for BankNifty like a dot. Indian Stock Market recuperated from day lows but still managed to close unfavorable for the day.

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Bank Nifty:.

NSE Nifty: (11642) The support for the Nifty is 11605-11570-11530-11500 and the resistance to the up relocation is at 11715-11768-11880-11940.