EquityPandit’s Outlook for NIFTY IT for the week (Oct 21, 2019 - Oct 25, 2019): NIFTY IT: NIFTY IT Index closed the week on positive note gaining 88.20 Points 0.58%. Weekly High: 15,434.55 Weekly Low: 15,147.70 Weekly Close: 15,410.10       Technically on the daily charts we see minor support on the downside for Nifty IT index lies at 15150 levels, whereas minor resistance on the upside is capped around 15550-15575 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 towards major support on lower side around 14900 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 15900. Currently Nifty IT index

EquityPandit’s Outlook for Nifty Bank for the week (Oct 21, 2019 - Oct 25, 2019) NIFTY BANK: NIFTY BANK Index closed the week on positive note gaining 1077.75 points 3.84%. Weekly High: 29,249.50 Weekly Low: 28,043.25 Weekly Close: 29,120.25         Technically on the daily charts we see minor support on the downside for NIFTY BANK index lies at 28500 levels, whereas minor resistance on the upside is capped around 29550-29600 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 towards major support on lower side around 27800 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 30100. Curr

EquityPandit’s Outlook for Nifty for the week (Oct 21, 2019 - Oct 25, 2019): NIFTY: NIFTY 50 Index closed the week on positive note gaining 356.80 Points 3.16%. Weekly High: 11,684.70 Weekly Low: 11,290.05 Weekly Close: 11,661.85   Technically on the daily charts we see minor support on the downside for nifty 50 index lies at 11400 levels, whereas minor resistance on the upside is capped around 11800-11850 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 towards major support on lower side around 11300 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 12000. Currently nifty 50 index is trading above 200 da

Market To See Some Profit Booking But Hold Long Positions For Now, RIL Results Today   Last Trading Session: Indian Stock Market opened flat exactly as predicted by EquityPandit. EquityPandit predicted that Nifty formed DOJI pattern and market may see some profit booking but traders should go long at dips and exactly same happened. Indian Stock Market saw profit booking as expected and moved sharply positive from there. Nifty achieved all the targets as specified by EquityPandit generating huge profits for the traders. Finally, Indian Stock Market closed gap positive for the day. Nifty closed right at EquityPandit's predicted resistance levels of 11585 like a dot. Today: Indian Stock Market would open flat. Technically, Indian Stock Market is still in positive zone. BankNifty has seen a Triangle Breakout and

Nifty To See Sideways Movement As It Forms DOJI Pattern But Still Go Long At Dips   Last Trading Session: Indian Stock Market opened positive as predicted by EquityPandit. EquityPandit predicted that traders should hold long positions for Nifty for the target of 11480 and exactly same happened. Indian Stock Market moved sharply positive and saw highs right above EquityPandit's predicted targets of 11480 like a dot. Traders, who followed EquityPandit's advice might have earned huge profits for the day. Finally, Indian Stock Market closed positive for the day. Today: Indian Stock Market would open flat. Technically, Indian Stock Market is still in positive zone and analysis would still remain same. Indian Stock Market would consolidate for now. Market is still bullish and traders should hold long positions unt

Nifty Immediate Support Lies At 11320, Hold Long Positions For Now   Last Trading Session: Indian Stock Market opened positive as predicted by EquityPandit. EquityPandit predicted that Nifty has formed DOJI but still traders should go long at every dip until it holds above 11183 and exactly same happened. Indian Stock Market moved sharply positive. Traders who followed EquityPandit's advice to go long at every dip in the market might have earned whopping profits for the day. Finally, Indian Stock Market closed gap positive for the day. Nifty closed right at EquityPandit's predicted resistance levels of 11430 like a dot. Today: Indian Stock Market would open positive. Technically, Indian Stock Market is still in positive zone and traders should continue to hold long positions until market holds above 11230 fo

Nifty Forms Doji But Go Long At Every Dip Until It Holds Above 11183   Last Trading Session: Indian Stock Market opened positive for the day. Indian Stock Market moved sharply positive and managed to close above EquityPandit's predicted reversal levels of 11335 for Nifty. BankNifty saw highs right at EquityPandit's predicted resistance levels of 28545 like a dot. Finally, Indian Stock Market managed to close positive for the day. Today: Indian Stock Market would open positive. Technically, BankNifty was already in positive zone and now, Nifty has also entered into positive zone. Now market would consider bullish until it holds above 11183 levels for Nifty and 27408 levels for BankNifty. Though Nifty has formed Doji Candlestick pattern yesterday that suggest some profit booking and further selling may seen if

EquityPandit’s Outlook for SBI for the week (Oct 14, 2019 - Oct 18, 2019): STATE BANK OF INDIA:   BSE: 500112| NSE: SBIN| ISIN: INE062A01020| SECTOR: BANKS Stock closed the week on positive note gaining 1.84% Week High: 262 Week Low: 244.35 Week Range: 17.65     State Bank of India Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 250 levels, Minor resistance on the upside is capped around 258 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 @ 244 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 262 Sto