Share Market Tips for – Friday, November 06, 2020

NSE BankNifty: (26313) The support for BankNifty is 26180-26078-26000-25815 and the resistance to the up relocation is 26438-26518-26660-26740.

BSE Sensex: (41340) The assistance for the Sensex today is 41270-41110-41025-40865 and the resistance to the up move is at 41440-41518-40600-41660 levels.

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Bank Nifty:.

Market Today: Indian Stock Market would open flat. Technically, Indian Stock Market is still in the favorable zone. Market has actually seen a sharp rally in the last 4 successive trading sessions. Now we may see some reducing and some earnings booking cant be eliminated. If it closes listed below 11886 for Nifty and 25414 for BankNifty however up until then the market would be considered bullish, market would enter into a negative zone just. Nearby psychological assistance would exist at 12000 levels for Nifty and listed below these levels some selling would be caused in the market. In general, the market is bullish for now and we may see some momentary alleviating on the account of profit reservation.

Inspect Detailed Analysis of Nifty, BankNifty and Sensex For Today.

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NSE Nifty: (12120) The assistance for the Nifty is 12100-12070-12035-12000 and the resistance to the up move is at 12188-12205-12240-12270.

Examine the Trend Of Major Indices and Stocks.

Nifty:.

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Last Trading Session: Indian Stock Market opened space favorable as predicted by EquityPandit. Indian Stock market moved greatly favorable as forecasted. Market Today: Indian Stock Market would open flat. Market would get in into a negative zone just if it closes below 11886 for Nifty and 25414 for BankNifty however till then the market would be thought about bullish. Nearby mental support would exist at 12000 levels for Nifty and listed below these levels some selling would be caused in the market.

Last Trading Session: Indian Stock Market opened space favorable as forecasted by EquityPandit. Indian Stock market moved greatly favorable as predicted. Indian Stock Market closed the gap favorable for the day.

FIIs were net purchasers of Rs.5368.31 crores whereas DIIs were net sellers of Rs.2208.18 crores in the money market for the last trading session. Nifty would see strong support at 12100-12070-12035-12000 whereas strong resistance would be seen at 12188-12205-12240-12270 levels. EquityPandits support and resistance levels always meet precision and hence traders are suggested to follow them for good earnings.