MTECHTIPS:MARKET UPDATE

MTECHTIPS

MARKET UPDATE

BSE index: (18431) Sell on higher levels considering 18510-18558 a solid resistance keeping stop loss of 18718. Downward side it'll fall down to 18326 & 18303-18272 initially. Break below 18272 panic selling will drag it down to 18194-18182, cover shorts on lower levels & buy keeping stop loss of 18145.

Nifty NOV Futures: (5628) Sell on higher levels considering 5660 & 5673 nearest & 5692 a solid resistance keeping stop loss of 5725. Downward side it'll fall down to 5602, 5595-5587 & thereafter to 5562 & 5546, cover shorts on lower levels & buy keeping stop loss of 5525.

Bank Nifty NOV Futures: (11280) Sell on higher levels considering 11431 a nearest & 11501-11549 solid resistance keeping stop loss of 11685. Downward side it'll fall down to 11213 initially which is a crucial support. Break below 11213 heavy fresh selling will drag it down to 11089 & 10997.

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