Kal Ki Baat Aaj, Imporant Levels and Technical Analysis of Nifty BankNifty For 12th Jan Episode No 294

 In Blog, Kal Ki Baat Aaj

Stock Market Highlights

On Tuesday, the BSE and National Stock Exchange (NSE) benchmark equity indices closes in green for the third straight day in the volatile session. BSE midcap and small cap

indexes ended flat while metal index moved more than 2% were as a buying was seen in the Power, Oil & Gas, IT and realty stocks.

Top Gainer of the day on the Nifty100 were HCL Technologies, Adani Ports, Adani Transmission, Indus Tower among this Adani Green Energy was the top gainer of the day with 8.97% gain.

Top loser of the day on the Nifty100 were Tata Steel, Avenue Supermarts, NMDC, HPCL among this JSW Steel was the top loser of the day with 3.93% loss.

Market Indexes/India
Index NIFTY 50 SENSEX NIFTY BANK NIFTY IT S&P BSE Small cap
Open 17,997.75 60,342.70 38,370.00 38,186.95 30,493.24
Precious Close 18,003.30 60,395.63 38,347.90 38,212.20 30,388.89
Today’s High 18,081.25 60,689.25 38,504.60 38,664.40 30,616.50
Today’s Low 17,964.40 60,281.52 38,031.75 38,138.00 30,358.74
52 Week High 18,604.45 62,245.43 41,829.60 39,446.70 30,616.50
52 Week Low 13,596.75 46,160.46 29,687.70 24,212.80 17,882.62
Data of FIIs & DIIs

In the Indian Equity Share Market, The available provisional data of the National Stock Exchange (NSE).

Share worth Rs. 111.91 Crore were Net sold by Foreign Institutional Investors (FIIs), whereas shares worth Rs. 378.74 Crore was the net bought by Domestic Institutional Investors (DIIs) on January 11.

Nifty future levels in advance EP-294, last closed at 18,055.

As we all know market is unpredictable, so to give a clear picture we have divided the whole article in certain cases.

Case 1: 18,027_17,990 will act as our Support Zone.

Case 2: 18,056 once crossed will zoom to kiss 18,147-18,172- 18,246.

Case 3: 17,947 once break will slide up to 17,820-17,770.

Bank Nifty future level in advance EP-294, last closed at 38,442.

Case 1: 36,830_36,470 will act as our Support Zone.

Case 2: 38,430 once crossed will zoom to kiss 38,890-39,256- 39,670.

Case 3: 38,170 once break will slide up to 37,870-36,570.

Market Indexes/Global
Index NASDAQ FTSE DAX CAC SGX NIFTY
Open 14,919.26 7,445.25 15,918.82 7,185.21 18,084.50
Precious Close 14,942.83 7,445.25 15,768.27 7,115.77 18,091.00
Intraday High 15,158.71 7,497.12 15,979.99 7,227.71 18,198.50
Intraday Low 14,837.64 7,445.25 15,880.39 7,160.44 18,038.00
52 Week High 16,212.23 7,529.97 16,290.19 7,384.86 18,598.00
52 Week Low 12,397.05 6,397.24 13,310.95 5,379.22 13,647.00
US Markets

On Tuesday, US stock indices gained with NASDAQ leading the advance as Federal Reserve Chair Jerome Powell’s testimony to congress did not include any major surprises and investors were relieved.

36,252.02 Or 183.15 points or 0.51%, the Dow Jones Industries Average moved up, whereas the Nasdaq Composite rose 1.41% to 15,153.45 or 210.62 points and S&P 500 added 0.92% to 4,712.07 or 42.78 points.

Asian Markets

On Wednesday, Asia markets were trading higher with 1% up in Nikkei, Kospi & Hang Seng.

Disclaimer

Financial markets are volatile in nature and are subject to market risks. Please Note Neither Harinder Sahu / King Research or employees or associates will not be liable in any manner for the consequences of such action taken by you. This is only for educational purposes and not provide any advice/tips on investment or recommend buying and selling any stock. We neither take guarantee of profit nor stand responsible for any losses of any recipient. The recipients of this material should take their own professional advice before acting on this information the recipient is advice to read the information carefully before any investment.

Recent Posts

Leave a Comment

Contact Us

We're not around right now. But you can send us an email and we'll get back to you, asap.