Kal Ki Baat Aaj, Important Levels and Technical Analysis of Nifty BankNifty For 16th Nov Episode No. 258

Kal Ki Baat Aaj, Important Levels and Technical Analysis of Nifty BankNifty For 16th Nov Episode No. 258

Stock Market Highlights

On Friday, the BSE and National Stock Exchange (NSE) benchmark equity indices closes in green after danicing between gains and loss.

Top Gainer of the day on the NSE were Power Grid Corporation of India, Cipla, ITC, ONGC among this Biocon was the top gainer of the day with 4.42% gain.

Top loser of the day on the NSE were Motherson Sumi, Tata Steel, Hindalco, Adani Transmission among this Coal India was the top loser of the day with 4.31% loss.

Market Indexes/India

Open 18,140.95 60,837.40 38,849.45
Precious Close 18,102.75 60,686.69 38,733.35
Today’s High 18,210.15 61,036.56 39,117.15
Today’s Low 18,071.30 60,597.36 38,606.60
52 Week High 18,604.45 62,245.43 41,829.60
52 Week Low 12,607.70 43,053.37 27,703.30


Index NIFTY IT S&P BSE Small cap
Open 36,391.10 29,351.22
Precious Close 36,332.25 29,232.53
Today’s High 36,646.25 29,357.15
Today’s Low 36,302.95 29,097.35
52 Week High 37,823.15 30,416.82
52 Week Low 21,070.25 14,758.50


Nifty future levels in advance EP-258, last closed at 18,131.

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

Case 1: Keep an eye upon 18,147_18170 will act as our Laxman Rekha. Once crossed our Laxman Rekha and stay above 18,070 will zoom to kiss 18,247_18,270_18,347. Don’t sell anything at lower level.

Case 2: Now, Intraday support 18,030, any decline buy, Crucial support 17,947_17,870 with stop loss 17,830. Yes go sort which rise around 18,370_18,430.

Bank Nifty future level in advance EP-257, last closed at 38,814.

Case 1: Our Hurdle 39,070_39,156 is crossed will zoom to kiss 39,570_39,760.

Data of FIIs & DIIs

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

Share worth Rs. 424.74 Crore were Net Purchased by Foreign Institutional Investors (FIIs), whereas shares worth Rs. 1,524.67 Crore was the net bought by Domestic Institutional Investors (DIIs) on October 15.

US Markets

On Monday, Wall Street stocks closed nearly unchanged as rising Treasury yields dented the appetite for technology stocks. For the freighter aircraft the Boeing shares advanced on signs of demand.

0.04% to 36,087.47 points or 12.86 points, the Dow Jones Industries Average moved down, whereas the Nasdaq Composite slipped down 15,853.85 or 7.11 points or 0.04% and S&P 500 dropped to 4,682.80 or 0.05 points.

Asian Markets

On Tuesday, Asia-Pacific share were mixed as the Reserve Bank of Australia released minutes from recent monetary policy meeting. 0.48% The S&P/ASX 200 declined in Australia.

Japan’s Nikkei 225 moved down were as Topix index climbed 0.28%. In South Korea, the Kospi hovered above the flatline.

Market Indexes/Global

Open 15,894.82 7,347.91 16,109.41 7,090.96
Precious Close 15,860.96 7,347.91 16,094.07 7,091.40
Intraday High 15,918.45 7,363.48 16,149.87 7,136.13
Intraday Low 15,778.31 7,324.11 16,072.29 7,088.71
52 Week High 16,053.39 7,402.68 16,149.87 7,136.13
52 Week Low 11,760.98 6,263.60 13,009.48 5,306.58



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.



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