Nifty & Bank Nifty future share price 15th Jan
Nifty & Bank Nifty future share price target for 15th Jan
Nifty & Bank Nifty future share price 15th Jan: The market reacted negatively in the morning due to higher inflation. Though in the afternoon some buying was seen in the market but profit booking was seen in banks. Today market closed in mixed, Bank Nifty closed in red while Sensex and Nifty are in green. IndusInd and Yes Bank dragged down the Bank Nifty today in the afternoon.
Nifty future share price opened at 12359.90, it was down by 2.25 points from yesterday’s close. It has touched an intraday high at 12412.50 and a day’s low at 12331.20 today.
During the day Nifty future share price has given a movement of 81.30 points. In the end, it gained 31.85 points and closed at 12394.
The Bank Nifty future share price opened at 32240, it was down by 2.25 points from the previous day’s close. It has touched day’s high at 32260 and a day’s low at 32081.80.
On Intraday basis, the Bank Nifty future share price has given a movement of 228.2 points. In the end, it declined 73.3 points and closed at 32168.95.
Nifty Future share price for 15th Jan 2020
Primary Trend of Nifty Futures share price: Sideways
Range-Bound Trend of Nifty Futures:
All up Moves Initiates Profit Booking (Sale) @ 12440 whereas All Down Moves Initiates Short Covering (Buy) @ 12350
If Nifty futures share price Moves Above 12413 and sustain. Then you should Buy with 1st Target of 12428 during the day with a Stop Loss of 12375 FOR the Target of 12428- 12444- 12460
If Nifty futures share price Moves Below 12376 and sustain. Then you should Sell with 1st Target of 12360 during the day with a Stop Loss of 12413. FOR the Target of 12360- 12340- 12321
Bank Nifty Future share price for 15th Jan 2020
Primary Trend of Bank Nifty Future: Sideways
Range-Bound Trend of Bank Nifty Future:
All up Moves Initiates Profit Booking (Sale) @ 32400, whereas All Down Moves Initiates Short Covering (Buy) @ 31950
If Bank Nifty future share price Moves Above 32220 and sustain. Then you should Buy with 1st Target of 32275 during the day with a Stop Loss of 32080. FOR the Target of 32275 – 32325- 32376
If Bank Nifty future share price Moves Below 32080 and sustained. Then you should Sell with 1st Target of 32020 during the day with a Stop Loss of 32220. FOR the Target of 32020- 31980- 31940
Conclusions:
Indian stock market is looking positive but may trade in sideways for tomorrow. Traders are advised to follow the global market cues and for market opening indications. You can also follow our Nifty and Bank Nifty future share price target for 15th Jan for trading.
You can also read, 10 best stocks/shares to buy now for 2020
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