Friday, August 20, 2021

stock market technical analysis

                               Market view for Thursday  expiry  Nifty & Bank nifty .

A little bit week as compare with nifty, If nifty cross 16500 , you can long position, as it shown continue long position, stop loss 16400 & 16200 for immediate supported , Good buying seen FMCG , paint , HUL, ITC , ASIANPAINT on Friday trade  , so you can take long position  with stop loss, over all nifty seen bullish , if nifty not break 16000 level , A good up move will be soon. my target 17000 level soon achieved.

OPTION FOR 26/08/2021 ,    C.E SELL :- 16600 &  .C.E BUY 16650 . 


BANKNIFTY :- bank nifty is seen week as compare to nifty ,  immediate resistance level for  35146 ,35000 and support  34975 & 34500. SBI is current price  good for long term , SBI may broke 400 level as huge quantity sell in today market.

OPTION FOR 26/08/2021 ,    C.E SELL :- 35800 &  .C.E BUY  . 36000




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