Here we will analysis Nifty Banknifty for 1/10/20. Before we start let take a look at today’s movement of the Stock market.
Top Gainers list of Nse Stocks
|Symbol Name||Change in Percentage||Change in price||Last Traded price||Total volume|
|Indiabulls hsg fin||3.32%||5.05||157.15||30314353|
|Tech Mahindra Ltd||3.07%||23.60||791.75||5433227|
Top loser list of Nse Stocks
|Symbol Name||Change in percentage||Change in rate||Last traded price||Total volume|
|Bharati Airtel Ltd||-3.36%||14.65||420.95||27164347|
|Tata steel Ltd||-2.78%||10.30||359.75||12961296|
|Jindal Steel & Power||-2.76%||5.30||186.85||11722536|
Nifty Banknifty Analysis for 1/10/20
If we see the daily chart of nifty future we can see an inside red candle is formed. As we told in our earlier blog that nifty changed its trend to negative.
After the breakout of a significant low price just came back to retest the level of 11200 to 11300.
If Tomorrow nifty future breaks 1186 levels in intraday then we can see a sharp downside move and our target will be 11095 to 11000.
If nifty future gives a breakout above 11300 levels with volume then our target will 11400 to 11450 levels in intraday.
Stocklist for intraday trade
Nse Igl share Cmp – 386.8
If we see the daily chart of Igl share we can see that price has come near strong support. We will keep Igl share in radar for 2 to 3 days
Nse Pvr share Cmp – 1213.20
In pvr share chart we can see One by One top pattern formed on the chart. If Pvr share breaks 1252 levels with volume and sustains above it then we can see a sharp up move with a target of 1286 to 1318.
Disclaimer: The details which we discussed is only for education and information purpose only. Trading in the share market is a high risk of losing money.
Please compare the data with the Nse website. The data which we provide may be incorrect.