Kal Ki Baat Aaj, Important Levels and Technical Analysis of Nifty BankNifty For 29th Nov Episode No. 262

Kal Ki Baat Aaj, Important Levels and Technical Analysis of Nifty BankNifty For 29th Nov Episode No. 262

Stock Market Highlights

On Friday, the BSE and National Stock Exchange (NSE) benchmark equity indices ended in red, On Dalal Street Bears tightened their grid.

Top Gainer of the day on the NSE were Alkem Laboratories, Dr Reddy’s Labs, Divi’s Labs, Cadila Healthcare among this Cipla was the top gainer of the day with 7.42% gain.

Top loser of the day on the NSE were Interglobe Aviation, JSW Steel DLF, Piramal Enterprises among this Bandhan Bank was the top loser of the day with 10.28% loss.

Market Indexes/India

Open 17,338.75 58,254.79 36,830.90
Precious Close 17,536.25 58,795.09 37,364.75
Today’s High 17,355.40 58,254.79 36,868.90
Today’s Low 16,985.70 56,993.89 35,904.10
52 Week High 18,604.45 62,245.43 41,829.60
52 Week Low 12,790.40 43,582.40 28,923.10


Index NIFTY IT S&P BSE Small cap
Open 35,024.70 28,670.15
Precious Close 35,300.25 28,822.75
Today’s High 35,190.10 28,759.70
Today’s Low 34,512.60 28,017.52
52 Week High 37,823.15 30,416.82
52 Week Low 21,544.05 14,758.50


Nifty future levels in advance EP-262, last closed at 17,031.

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

Case 1: 17,247_17,270 will act as our very crucial Resistance. Below 17,147 go short will see panic up to 16,747_16,630.

Case 2: On Rise Our mantra only sell at 17,470_17,630.

Bank Nifty future level in advance EP-262, last closed at 36,050.

Case 1: 36,570_36,830 will act as our hurdle. On rise only think for sell, panic slide up to 35,256_34,870.

Case 2: Something come out very big bad thing. One dead cat bounce will come in 48hr.


Data of FIIs & DIIs

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

Share worth Rs. 5,785.83 Crore were Net sold by Foreign Institutional Investors (FIIs), whereas shares worth Rs. 2,294.11 Crore was the net bought by Domestic Institutional Investors (DIIs) on October 26.

US Markets

On Friday, US stocks closed lower, the Dow and S&P 500 suffering their biggest one-day percentage drops in months, gained from a reopening falling sharply after a new coronavirus mutation was found and pandemic-hit sector.

2.53% to 34,899.34 to 905.04 points, the Dow Jones Industries Average moved down, whereas the Nasdaq Composite lower 2.23% to 15,491.66 and S&P 500 lower to 2.27% or 4,594.62 to 106.84.

Asian Markets

Taiwan Weighted down over 1% each, were as Shanghai Composite, Kospi and Hang Seng moved down 0.5% each Asian market are trading lower with Straits Times.

Market Indexes/Global

Open 15,664.38 7,310.37 15,383.90 6,814.90
Precious Close 15,845.23 7,310.37 15,917.98 7,075.87
Intraday High 15,731.54 7,310.37 15,540.29 6,861.15
Intraday Low 15,456.09 7,042.12 15,244.46 6,725.08
52 Week High 16,212.23 7,402.68 16,290.19 7,183.08
52 Week Low 12,027.16 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.



Share this

Stuck with any stock position, do you need immediate support or assistance, We are available