Kal Ki Baat Aaj, Important Levels and Technical Analysis of Nifty BankNifty For 3rd Dec Episode No. 266

Kal Ki Baat Aaj, Important Levels and Technical Analysis of Nifty BankNifty For 3rd Dec Episode No. 266

Stock Market Highlights

On Thursday, the BSE and National Stock Exchange (NSE) benchmark equity indices trading with gain on Dalal Street as bulls attempted to come back.

Top Gainer of the day on the NSE were HDFC, Power Grid, Sun Pharma, Tata Steel among this Adani Ports was the top gainer of the day with 4.90% gain.

Top loser of the day on the NSE were Godrej Consumer, Info Edge, Biocon, Cipla among this Indus Towers was the top loser of the day with 1.97% loss.

Market Indexes/India

Index NIFTY 50 SENSEX NIFTY BANK
Open 17,183.20 57,781.48 36,281.85
Precious Close 17,166.90 57,684.79 36,364.90
Today’s High 17,420.35 58,513.93 36,563.50
Today’s Low 17,149.30 57,680.41 36,166.70
52 Week High 18,604.45 62,245.43 41,829.60
52 Week Low 12,962.80 44,118.10 28,976.75

 

Index NIFTY IT S&P BSE Small cap
Open 35,504.80 28,090.72
Precious Close 35,428.95 28,013.77
Today’s High 36,195.65 28,356.59
Today’s Low 35,418.25 28,029.29
52 Week High 37,823.15 30,416.82
52 Week Low 21,814.40 16,387.53

 

Nifty future levels in advance EP-266, last closed at 17,439.

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

Case 1: 17,347 once break will see panic around 17,247_17,170. Buy above 17,347, heading towards 17,470_17,530.

Case 2: Upside Laxman Rekha 17,570_17,630. Don’t forget to sell on rise on rise don’t forget my Laxman Rekha.

Bank Nifty future level in advance EP-266, last closed at 35,695.

Case 1: 36,570_36,830 will act as Hurdle and Laxman Rekha, once crossed 36,830 and stay above this level will zoom to kiss 37,156_37,347. Big Boy Hurdle 37,470_37,650 yes panic at all will see panic which level??

Case 2: Below 36,230 will see only panic no buying at all. On rise only think for sell slide up to 35,256_34,870.

Data of FIIs & DIIs

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

Share worth Rs. 909.71 Crore were Net sold by Foreign Institutional Investors (FIIs), whereas shares worth Rs. 1,372.65 Crore was the net bought by Domestic Institutional Investors (DIIs) on December 02.

US Markets

On Thursday, a sharply close broad rally sent to a Wall Street, as market participants snapped up bargains recovering grounds lost over recent sessions while digesting the implications of a shifting pandemic.

1.82% to 34,639.79 to 617.75 points, the Dow Jones Industries Average moved up, whereas the Nasdaq Composite gained 0.83% to 15,381.32 or 127.27 points and S&P 500 rose 1.42% to 4,577.1 or 64.06.

Asian Markets

On Friday, Asia-Pacific shares were mixed in morning trade following days of turbulent trading this week as investors continue to monitor the situation surrounding the omicron Covid variant.

Topix index moved up by 0.51%, were as Japan’s Nikkei 225 lost 0.27% and South Korea’s Kospi lost 0.41%.

Market Indexes/Global

Index NASDAQ FTSE DAX CAC
Open 15,181.82 7,168.68 15,300.73 6,794.77
Precious Close 15,254.05 7,168.68 15,472.67 6,881.87
Intraday High 15,444.54 7,168.68 15,373.52 6,850.37
Intraday Low 15,150.12 7,083.21 15,172.90 6,762.74
52 Week High 16,212.23 7,402.68 16,290.19 7,183.08
52 Week Low 12,214.74 6,315.34 13,009.48 5,306.58

 

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.

 

 

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