Stock Market Update for 31-01-19

Published On: January 30th 2019 at 6:00 AM

Stock Market Update India
Indian Stock Market Update

Market Outlook

Nifty continue its Consolidation on the Second Straight Day. Nifty Hit near 10600 on Downside and uptick above 10700 on the Higher side.

Nifty Closed on 10651.80 ( 30.01.2019)

On the Technical Front, Market had a Support at 10600 & 10700 seems to be the Resistance Level. Market remain on the Consolidate Mode until we witness a strong break out on above/ below the Level.

Once we witness a Break out, Then Trendy Significant steady moves could be witness on the Market.

Going Forward, Strong & Steady upmove possible once witness a strong break out above 10700, Then can see a upside 10740/10760/10800 Possible on the Cards. Similarly, IF break out happens below 10600 & Sustain then 10540/10500 on the Downside Possible.

F&O Ban Stocks: Adanui Ent, Adani Power,Bank India,Dhfl

Earnings to Watch: BHARTIARTL,DABUR,ECLERX, DENA BANK, HERO MOTO,IBULLHSGFIN,NMDC, PETRONET,UPL, VEDL,V-GUARD,POWERGRID

avatar
  Subscribe  
Notify of