Nifty, Bank Nifty futures share price for 11th Dec
Nifty& Bank Nifty futures share price for 11th Dec
Nifty & Bank Nifty futures share price 11th Dec: Indian stock market ends in red after a volatile session today. Both Nifty and Bank Nifty futures opened flat to positive in the morning. The Bank Nifty future was volatile today, except HDFC Bank, ICICI and Kotak all other banks closed in red.
The Nifty futures opened at 11972.20, it was up just 5.50 points today moring. It has touched an intraday high at 11976.10 and day’s low at 11884.35. The Nifty future share price has made a movement of 91.75 points during the day. In the end, it was down 64.70 points and closed at 11902
The Bank Nifty future share price opened at 31440.10, it opened a gap up of 42.45 points today morning. During the day it has touched an intraday high of 31445 and a day’s low of 31188.35. The Bank Nifty future has made a movement of 256.65 points today. At close, it fell 153.25 points and closed at 31244.40
Nifty futures share price target for 11th Dec
Primary Trend Nifty Futures: Mild down to Sideways
Range-Bound Trend of Nifty Futures:
All up Moves Initiates Profit Booking (Sale) @ 12020 whereas All Down Moves Initiates Short Covering (Buy) @ 11830
If Nifty futures share price Moves Above 11928 and sustain. Then you should Buy with 1st Target of 11948 during the day with a Stop Loss of 11890 FOR the Target of 11948-11965- 11992
If Nifty futures share price Moves Below 11890 and sustain. Then you should Sell with 1st Target of 11868 during the day with a Stop Loss of 11998. FOR the Target of 11868- 11842- 11827
Bank Nifty futures share price target for 11th Dec
Primary Trend of Banknifty Future: Mild down
Range-Bound Trend of Bank Nifty Future:
All up Moves Initiates Profit Booking (Sale) @ 31450, whereas All Down Moves Initiates Short Covering (Buy) @ 31000
If Bank Nifty future share price Moves Above 31298 and sustain. Then you should Buy with 1st Target of 31340 during the day with a Stop Loss of 31205 FOR the Target of 31344 – 31389- 31470
If Bank Nifty future share price Moves Below 31205 and sustained. Then you should Sell with 1st Target of 31150 during the day with a Stop Loss of 31298 FOR the Target of 31150 – 31090- 31038
Conclusions:
Indian market closed in red today after a flat to positive start in the morning. Global markets were also down today, European indices were down 1% in the afternoon. As mentioned in our weekly reports, the Indian market would be volatile this week and would trade in the negative zone for the short term.
Traders can also follow our Nifty and Bank Nifty futures share price target for 11th Dec19 and December’s weekly market views and trends here.
You can also read, 10 best stocks/shares to buy now for 2020
Your Stock Broker will never say these Hidden Charges.
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.
