Sensex: According to the yesterday closing “66039” in Sensex, we see the market is at range bound. As per the technical overview in Sensex, we can see on upside two crucial resistance is present at R1 66100 and R2 66340 On the other hand, on downside S1 65850 and S2 65740.
In a 15 min time frame Sensex is showing a Descending Triangle pattern, below you can see in the chart.
Nifty Midcap: According to the yesterday closing “9513” in Nifty midcap, we see the market is at range bound. As per the technical overview in Nifty midcap, we can see on upside two crucial resistance is present at R1 9545 and R2 9570 On the other hand, on downside S1 9490 and S2 9477.
In a 15 min time frame Sensex is showing a Descending Triangle pattern, below you can see in the chart.
Bankex: According to the yesterday closing “49140” in Bankex, we see the market is at range bound. As per the technical overview in Bankex, we can see on upside two crucial resistance is present at R1 49230 and R2 49350 On the other hand, on downside S1 49050 and S2 48950.
Today’s stocks of the Day
Bajaj Auto: In Bajaj Auto on a 15 min basis we can see a Flag pattern, If the stocks is break the Flag pattern we can see a strong upside in Bajaj Auto.
DLF: In DLF on a 15 min we can see a kind of Darvas Box (consolidation pattern), If the stocks is break either side of the Darvas Box we can see a strong momentum in DLF.
Global Events for today:
- German GDP (QoQ) (Q3) *EUR*���������������
- S&P Global services PMI (NOV) *USD*������������
F&O ban list:
- BALRAMCHIN, HINDCOPPER, HINDPETRO, IBULHSGFIN, INDIACEM, MANAPPURAM, MCX, RBLBANK, ZEEL
Stocks in News:
- Lupin receives tentative approval from US FDA for diabetes medication,
- Cipla may extend losses on USFDA warning, HSBC cuts target price,
- Union Bank of India earnings improvement fetches long-term ‘AAA’ rating from ICRA.