Nifty & Bank Nifty share price target for 27th Jan
Nifty & Bank Nifty share price in future for 27th Jan
Nifty & Bank Nifty share price target for 27th Jan: Indian stock market opened flat on last Friday and continued its winning streak for the second consecutive day. The quarterly result and global cues supported the market for the northward journey in the last two days. Except IT, Energy and Pharma almost all the sector closed in the green on the last day of the week.
The Nifty future share price opened at 12204.75 on Friday, it was up by just 3.75 points from the previous close. It has touched an intraday high at 12292.70 and a day’s low at 12157.
On an intraday basis last Friday the Nifty future share price has given a movement of 135.70 points. In the end, it gained 70.20 points and closed at 12271.20.
The Bank Nifty share price in future opened at 31100.55 on last Friday, it was up by 10.45 points in the morning. It has touched a day high at 31438 and a day’s low at 30924.
During the day, the Bank Nifty share price in future has given a movement of 514 points. In the end, it gained 239.60 points and closed at 31329.70.
Nifty share price in future for 27th Jan 2020
Primary in Nifty Futures: Mild Up
Range-Bound in Nifty Futures:
All up Moves Initiates Profit Booking (Sale) @ 12360 whereas All Down Moves Initiates Short Covering (Buy) @ 12200
If Nifty futures share price Moves Above 12290 and sustain. Then you should Buy with 1st Target of 12325 during the day with a Stop Loss of 12238 FOR the Target of 12325- 12348- 12370
If Nifty futures share price Moves Below 12238 and sustain. Then you should Sell with 1st Target of 12210 during the day with a Stop Loss of 12290. FOR the Target of 12210- 12190- 12158.
Bank Nifty share price in future for 27th Jan 2020
Primary Bank Nifty Trend in Futures: Mild Up
Range-Bound Bank Nifty Trend in Futures:
All up Moves Initiates Profit Booking (Sale) @ 31750, whereas All Down Moves Initiates Short Covering (Buy) @ 31120
If Nifty Bank future share price Moves Above 31395 and sustains. Then you should Buy with 1st Target of 31535 during the day with a Stop Loss of 31220. FOR the Target of 31535 – 31640- 31745
If Nifty Bank future share price Moves Below 31220 and sustains. Then you should Sell with 1st Target of 31125 during the day with a Stop Loss of 31395. FOR the Target of 31125- 31020- 30870.
Conclusions:
Indian market closed in positive zone for the second consecutive day after a three days fall in the week. The market is looking positive ahead of monthly expiry and the Union Budget. Indian market is expected to remain volatile in the next week.
Traders are also advised to follow the global market and can follow our Nifty and Bank Nifty share price in future for 27th Jan for trading
You can also read, 10 best stocks/shares to buy now for 2020
Your Stock Broker will never say these Hidden Charges.
Market Updates: Quarterly result, stocks in news
Please share your views about the post.
If you like the post please share with your friends and others
Happy Investing!
Editor
Disclaimer-Nifty50Stocks.com has taken due care and caution to compile the data for its Website. The views and investment tips expressed by investment experts on Nifty50Stocks.com are their own and not that of the website or its management. Nifty50Stocks.com is not SEBI registered Advisors and advises its users to check with certified and SEBI registered experts before taking any investment decision. However, Nifty50Stocks.com does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. Nifty50Stocks.com especially states that it has no financial liability whatsoever to any user on account of the use of information provided on its website.
