Equity Reasearch Report 17 august 2015

Equity Reasearch Report 17 august 2015

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Author ways2capital
Category Business Finance
Rating Not Available
Language en
Copyrights Not Available
Short Description
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Description

Nifty futures/Bank Nifty futures market closed on 8545/ 18798. According to technical analysis if Nifty futures and Bank Nifty future moves down-word in tomorrow treading session then 8476 will be small support for Nifty futures and 18422 will be small support for Bank Nifty futures. If it break this level then then Nifty futures can go down to 8312 level and Bank Nifty futures can touch 17918 level in next few days. It will be hard support for Nifty futures and Bank Nifty futures. Meanwhile in up trend there is small resistance on 8628 for Nifty futures and 19227 is for Bank Nifty futures after breaking this level with volume there is big resistance for Nifty futures on 8819 and 20003 for Bank Nifty futures.
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