EquityPandit’s Outlook for NIFTY MEDIA for the week (Dec 16, 2019 - Dec 20, 2019): NIFTY MEDIA: NIFTY MEDIA Index closed the week on negative note losing 21.70 Points 1.21%. Weekly High: 1,817.55 Weekly Low: 1,723.95 Weekly Close: 1,765.70   Technically on the daily charts we see minor support on the downside for NIFTY MEDIA index lies at 1700 levels, whereas minor resistance on the upside is capped around 1825-1850 levels. If NIFTY MEDIA index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 1635 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 1900. Currently NIFTY MEDIA index is trading

EquityPandit’s Outlook for NIFTY PSU BANK for the week (Dec 16, 2019 - Dec 20, 2019): NIFTY PSU BANK: NIFTY PSUBANK Index closed the week on positive note gaining 109.85 Points 4.46%. Weekly High: 2,576.95 Weekly Low: 2,384.85 Weekly Close: 2,570.70       Technically on the daily charts we see minor support on the downside for NIFTY PSU BANKS index lies at 2450 levels, where as minor resistance on the upside is capped around 2700-2725 levels. If NIFTY PSU BANKS index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 2300 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 2800.

EquityPandit’s Outlook for Nifty Energy for the week (Dec 16, 2019 - Dec 20, 2019): NIFTY ENERGY: NIFTY ENERGY Index closed the week on positive note gaining 256.30 Points 1.62%. Weekly High: 16,093.90 Weekly Low: 15,655.15 Weekly Close: 16,068.05   Technically on the daily charts we see minor support on the downside for NIFTY ENERGY index lies at 15650 levels, whereas minor resistance on the upside is capped around 16350-16400 levels. If NIFTY ENERGY index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 15500 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 16650. Currently NIFTY ENERGY ind

EquityPandit’s Outlook for NIFTY REALTY for the week(Dec 16, 2019 - Dec 20, 2019): NIFTY REALTY: NIFTY REALTY Index closed the week on positive note gaining 4.25 Points 1.50%. Weekly High: 288.55 Weekly Low: 277.05 Weekly Close: 287.65   Technically on the daily charts we see minor support on the downside for NIFTY REALITY index lies at 282 levels, whereas minor resistance on the upside is capped around 292-294 levels. If NIFTY REALITY index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 277 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 297. Currently NIFTY REALITY index is trading ab

EquityPandit’s Outlook for NIFTY METAL for the week (Dec 16, 2019 - Dec 20, 2019): NIFTY METAL: NIFTY METAL Index closed the week on positive note gaining 90.90 points 3.58%. Weekly High: 2,645.30 Weekly Low: 2,484 Weekly Close: 2,626.75   Technically on the daily charts we see minor support on the downside for NIFTY METAL index lies at 2525 levels, whereas minor resistance on the upside is capped around 2700-2725 levels. If NIFTY METAL index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 2450 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 2800. Currently NIFTY METAL index is trading b

EquityPandit’s Outlook for NIFTY Auto for the week (Dec 16, 2019 - Dec 20, 2019): NIFTY AUTO: NIFTY AUTO Index closed the week on positive note gaining 263.10 Points 3.37%. Weekly High: 8,090.75 Weekly Low: 7,773.60 Weekly Close: 8,069.70   Technically on the daily charts we see minor support on the downside for NIFTY AUTO index lies at 7850 levels, whereas minor resistance on the upside is capped around 8225-8250 levels. If NIFTY AUTO index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 7700 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 8400. Currently NIFTY AUTO index is trading abov

EquityPandit’s Outlook for NIFTY PHARMA for the week (Dec 16, 2019 - Dec 20, 2019): NIFTY PHARMA: NIFTY PHARMA Index closed the week on positive note gaining 87.50 Points 1.10%. Weekly High: 8,073.60 Weekly Low: 7,909.90 Weekly Close: 8,045.05     Technically on the daily charts we see minor support on the downside for NIFTY PHARMA index lies at 7900 levels, whereas minor resistance on the upside is capped around 8175-8200 levels. If NIFTY PHARMA index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 7750 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 8300. Currently NIFTY PHARMA

EquityPandit’s Outlook for NIFTY FMCG for the week (Dec 16, 2019 - Dec 20, 2019): NIFTY FMCG: NIFTY FMCG Index closed the week on negative note losing 110.20 Points 0.36%. Weekly High: 30,574.50 Weekly Low: 29,985.40 Weekly Close: 30,426.25     Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 30000 levels, whereas minor resistance on the upside is capped around 30750-30800 levels. If NIFTY FMCG index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 29700 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 31200. Currently NIFTY FMCG ind