EquityPandit’s Outlook for NIFTY IT for the week (Aug 19, 2019 - Aug 23, 2019): NIFTY IT:     NIFTY IT Index closed the week on negative note loosing –456.00 Points –2.88% Weekly High: 15822.40 Weekly Low: 15238.55 Weekly Close: 15365.35   RESISTANCE 2: 16059 RESISTANCE 1: 15712 SUPPORT 1: 15128 SUPPORT 2: 14892   Technically on the daily charts we see minor support on the downside for Nifty IT index lies at 15000 levels, whereas minor resistance on the upside is capped around 16000-16050 levels. If Nifty IT index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 14200 and if breaches minor resistance on the upside and closes above it we may se

EquityPandit’s Outlook for Nifty Bank for the week (Aug 19, 2019 - Aug 23, 2019) NIFTY BANK:     NIFTY BANK Index closed the week on negative note loosing -214.90 points -0.76% Weekly High: 28358.85 Weekly Low: 27683.50 Weekly Close: 28217   RESISTANCE 2: 28762 RESISTANCE 1: 28489 SUPPORT 1: 27814 SUPPORT 2: 27411   Technically on the daily charts we see minor support on the downside for NIFTY BANK index lies at 27700 levels, whereas minor resistance on the upside is capped around 28600-28620 levels. If NIFTY BANK index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 27300 and if breaches minor resistance on the upside and closes above it we may s

EquityPandit’s Outlook for Nifty for the week (Aug 19, 2019 - Aug 23, 2019): NIFTY:     NIFTY 50 Index closed the week on negative note loosing -61.85 Points -0.56% Weekly High: 11145.90 Weekly Low: 10901.6 Weekly Close: 11047.80   RESISTANCE 2: 11276 RESISTANCE 1: 11162 SUPPORT 1: 10918 SUPPORT 2: 10787   Technically on the daily charts we see minor support on the downside for nifty 50 index lies at 10770 levels, whereas minor resistance on the upside is capped around 11150-11200 levels. If nifty 50 index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 10450 and if breaches minor resistance on the upside and closes above it we may see fresh bre

Market Enters Negative Zone, Short Covering To Be Seen But Go Short At Rally   Last Trading Session: Indian Stock Market opened positive as predicted by EquityPandit. EquityPandit predicted that market is in positive zone despite Global worries but market was not able to stand against the global worries like US China trade war, Hong Kong Protest and Argentina's currency crash and even local worries like FPI outflows, etc and hence market fell down sharply breaching all the support levels. RIL saw sharp positive rally today with 10% increase in share price as predicted by EquityPandit and hence was able to hold the market downfall. Finally, Indian Stock Market saw a sharp downfall for the day. Today: Indian Stock Market would open positive. Indian Stock Market including Nifty, BankNifty and Sensex entered int

Market In Positive Zone Despite Global Worries, Go Long At Every Dip In The Market   Last Trading Session: Indian Stock Market opened positive exactly as predicted by EquityPandit. EquityPandit predicted that Nifty has entered into positive zone and BankNifty would also follow once it breaches 28190. EquityPandit also predicted that traders can initiate fresh long positions and exactly same happened. Nifty moved sharply positive and saw highs right at EquityPandit's predicted resistance levels of 11185 like a dot. Finally, Indian Stock Market closed gap positive for the day. Sensex closed right at EquityPandit's predicted resistance levels of 37585 like a dot. Today: Indian Stock Market would open positive. Indian Stock Market including Nifty, BankNifty and Sensex are in positive zone. Market may see some pr

EquityPandit’s Outlook for SBI for the week (Aug 12, 2019 - Aug 16, 2019): STATE BANK OF INDIA:     State Bank of India BSE: 500112| NSE: SBIN| ISIN: INE062A01020| SECTOR: BANKS Stock closed the week on negative note losing –5.38% Week High: 304.25 Week Low: 285.60 Week Range: 18.65   RESISTANCE 2 312.55 RESISTANCE 1 302.20 SUPPORT 1 283.55 SUPPORT 2 275.25   Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 276 levels, Minor resistance on the upside is capped around 315 levels. If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 268 and If stock breaches minor resistance on t

EquityPandit’s Outlook for Axis Bank for the week (Aug 12, 2019 - Aug 16, 2019): AXIS BANK:     AXIS Bank Ltd. BSE: 532215| NSE: AXISBANK| ISIN: INE238A01034| SECTOR: BANKS Stock closed the week on negative note losing –2.04% Week High: 682.85 Week Low: 643.20 Week Range: 39.65 Points   RESISTANCE 2 701.70 RESISTANCE 1 680.90 SUPPORT 1 641.25 SUPPORT 2 622.40   Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 642 levels, Minor resistance on the upside is capped around 700 levels. If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 603 and If stock breaches minor resistance on

EquityPandit’s Outlook for ICICI Bank for the week  (Aug 12, 2019 - Aug 16, 2019) ICICI BANK:   ICICI Bank Ltd. BSE: 532174| NSE: ICICIBANK| ISIN: INE090A01021| SECTOR: BANKS Stock closed the week on positive note gaining +2.53% Week High: 422.40 Week Low: 395.75 Week Range: 26.65 Points   RESISTANCE 2 439.70 RESISTANCE 1 430.35 SUPPORT 1 403.70 SUPPORT 2 386.40     Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 397 levels, Minor resistance on the upside is capped around 444 levels. If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 385 and If stock breaches minor resista