Nifty50 and Bank Nifty

Nifty future share price 14th Jan

Nifty & Bank Nifty future share price 14th Jan

 

Nifty and Bank Nifty future share price 14th Jan: Indian stock market opened in positive today. The benchmark indices reacted positively to IIP growth announced last Friday after the market. Both the indices Sensex and Nifty touched a fresh record high on the news today.

The Nifty future share price opened at 12330.70, it was up by 40.70 points from the previous close. It has touched an intraday high at 12369.60 and a day’s low at 12323.

On an intraday basis, the Nifty future share price has given a movement of 46.60 points. It has gained 72 points and closed at 12362.

The Bank Nifty future share price opened at 32159.65, it was up by 36.90 points from the previous close. It has touched an intraday hight 32380 and a day’s low at 32123.75.

On a daily basis, the Bank Nifty future share price has given a movement of 256.25 points. It has gained 127.25 points during the day and closed at 32250  

 

Nifty Future share price  for 14th Jan 2020

Primary Trend of Nifty Futures share price:  Sideways

Range-Bound Trend of Nifty Futures: 

All up Moves Initiates Profit Booking (Sale) @ 12400 whereas All Down Moves Initiates Short Covering (Buy) @ 12300

If Nifty futures share price Moves Above 12380 and sustain. Then you should Buy with 1st Target of 12398 during the day with a Stop Loss of 12340 FOR the Target of 12398- 12425- 12446

If Nifty futures share price Moves Below 12340 and sustain. Then you should Sell with 1st Target of 12323 during the day with a Stop Loss of 12380. FOR the Target of 12323- 12304- 12284

 

Bank Nifty Future share price  for 14th Jan 2020

Primary Trend of Bank Nifty Future: Sideways

Range-Bound Trend of Bank Nifty Future: 

All up Moves Initiates Profit Booking (Sale) @ 32450, whereas All Down Moves Initiates Short  Covering (Buy) @ 32000

If Bank Nifty future share price Moves Above 32320  and sustain. Then you should Buy with 1st Target of 32377 during the day with a Stop Loss of  32180. FOR the Target of 32377 – 32440- 32510

If Bank Nifty future share price Moves Below 32180 and sustained. Then you should Sell with 1st Target of 32120 during the day with a Stop Loss of 32320. FOR the Target of 32120- 32050- 31990

 

Conclusions: 

Nifty and Bank Nifty future opened today in positive and later it was trading sideways. Indian stock market is looking positive and may trade-in sideways tomorrow. Traders are advised to follow the global cue for the indication of market opening. 

You can also follow our Nifty and Bank Nifty future share price target for 14th Jan for trading.

 

You can also read, 10 best stocks/shares to buy now for 2020

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Nifty & Bank Nifty future share price for 13th Jan

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Editor

 

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