Thursday, 23 November 2017

Nifty trend and Stock progress for the day 23 Nov 2017

Market Overview
Nifty support closed at 10,348.75 up +6.45 points from previous close of 10,342.30 day range 10,307.30 – 10,374.30. Infosys, Sun Pharma, Reliance, Eicher Motors, Tech Mahindra, HCL Tech and HPCL are among the top gainers in Nifty in the today. Whereas Dr Reddys Labs, Adani Ports, Indiabulls Hsg, Bajaj Auto, GAIL and Asian Paints are losing steam on NSE.
There are 869 advances, against 746 declines, 57 remained unchanged, out of 1,672 stocks traded on the NSE today.
Key Support & Resistance Level for Nifty:
The Nifty closed at 10,348.75 today. According to Pivot charts, the key support level is placed at 10,312.60 followed by 10,276.45. If the index starts to move higher, key resistance levels to watch out are 10,379.60 and 10,410.43
Key Support & Resistance Level for Bank Nifty:
The Bank Nifty closed at 25,736.25 today. Important Pivot level, which will act as crucial support for the index, is placed at 25,625.28 followed by 25,514.32 on the upside, key resistance level is 25,842.88 followed by 26,949.52.

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