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