Nifty| Bank Nifty future share price for 23rd Oct19
Nifty, Bank Nifty future share price for 23rd Oct19:
Technical analysis of Nifty and Bank Nifty share price for 23rd Oct19: Indian stock market opened in red today. The SGX Nifty was indicating opening in the morning. Nifty futures extend its morning losses but Bank Nifty futures closed in positive today. At close, Nifty future was down 45.60 points and closed at 11624.40 whereas the Bank Nifty future gained 337. 65 points and closed at 29,490.
Nifty futures opened at 11647.55 and touched hight at 11715 and low at 11604.25, during the day it has give movement of 110.75 points. Bank Nifty future opened at 29397 and touched high at 29747 and low at 28851.40, it has given an intraday movement of 895.60 points.
The nifty share price target in futures for 23rd Oct19
Primary Trend Nifty Futures: Up
Range-Bound Trend of Nifty Futures: All up Moves Initiates Profit Booking (Sale) @ 11720 whereas All Down Moves Initiates Short Covering (Buy) @ 11550
If Nifty Futures Moves Above 11652 and sustain. Then you should Buy with 1st Target of 11672 during the day with a Stop Loss of 11610 FOR the Target of 11672- 11692- 11720
If Nifty Futures Moves Below 11610 and sustained. Then you should Sell with 1st Target of 11582 during the day with a Stop Loss of 11652 FOR the Target of 11582- 11555- 11538
Bank Nifty share price target in futures for 23rd Oct 2019
Primary Trend of Bank Nifty Futures: Up
Range-Bound Trend of Bank Nifty Future: All up Moves Initiates Profit Booking (Sale) @ 29900, whereas All Down Moves Initiates Short Covering (Buy) @ 28950
If Bank Nifty Futures Moves Above 29620 and sustained. Then you should Buy with 1st Target of 29870 during the day with a Stop Loss of 29374 FOR the Target of 29870 – 30050 – 30170
If Bank Nifty Futures Moves Below 29374 and sustained. Then you should Sell with 1st Target of 29180 during the day with a Stop Loss of 29620 FOR the Target of 29180- 28976- 28820
Conclusions:
Markets look positive, traders should follow closely the global cues for the trend. Traders can also follow our Nifty and Bank Nifty futures share price technical views for 23rd Oct 2019 tomorrow.
You can also read, Sensex, Nifty share price today
Market updates: Nifty, Bank Nifty Oct future
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