Nifty Banknifty Technical Analysis for 22/09/20
Total we will discuss Nifty Banknifty Technical Analysis for 22/09/20. But before we start we shall take a short summary of today’s market
Top Gainer Stocks of Nse on 21/09/2020
|Exchange||Symbol Name||Change in Percentage||Change In Rate||Lat traded price||Total volume|
|Nse||Kotak Mahindra Bank||0.84%||10.75||1287.85||6859159|
Top Loser Stocks of Nse on 21/09/20
|Exchange||Symbol Name||Change in Percentage||Change in Rate||Last Traded Price||Total Volume|
|Nse||Indiabulls Hsg Fin||13.10%||-23.40||155.20||56033779|
|Nse||Jindal steel &power||12.05%||-23.90||174.40||25865302|
|Nse||Vodafone Idea Ltd||7.56%||-0.85||10.40||315771704|
Today as soon as nifty future breaks 11455 levels which were Friday low. We had seen a sharp downfall to 11227. The fall was very fast.
Nifty Future Analysis
If we see the daily chart of Nifty future we can see the 11202 level is a significant low. If nifty future breaks it with volume and close below it we can say that the trend is changing. From 11202 to 11111 is also a demand zone so there is also a possibility of a bounce from these levels.
BankNifty Technical Analysis for 22/09/20
In the Bank nifty future, we can see already trend is changed. From 21100 to 20850 is the demand zone. If Bank nifty future breaks 21290 with volume and sustains below it we can see a target of 21100 to 21000 in intraday or much more. But it can respect of demand zone. From that level Bank nifty future can bounce.
Intraday Guide for stocks
Nse stock BataIndia
In Bataindia stock we can see Range bound moves from five days. If Bataindia stock breaks 1316 levels with volume and sustains below it we can see a sharp downfall and our target will be 1270.
Nse Stock Hdfc
If hdfc stock breaks 1701 level with volume and sustains below it we can see hdfc can come to fill the gap which is marked on the image and our target for intraday will be 1670.
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.