Nifty, Bank Nifty futures share price for 26th Nov19
Nifty and Bank Nifty futures share price target for 26th Nov19
Nifty & Bank nifty share price 26th Nov: Indian stock market opened in positive today and extended its early gain at close. The Nifty future share price has reclaimed 12000 levels today after gaining 185.15 points. Nifty futures opened at 11928.20 a gap up of 13.70 points in the morning
It has touched an intraday high of 12107 and day’s low at 11917.60. During the day Nifty futures has given a movement of 189.40 points today. In the end, Nifty futures share price closed at 12002.75 today.
Bank Nifty futures share price has opened 34.7 points down today morning and immediately after few minutes of negative trades it turns positive. It has opened at 31080.10 and touched an intraday high at 31590 and day’s low at 31049.05.
During the day the bank nifty futures share price has given a movement of 540.95 points. In the end, Bank Nifty futures share price gained 469.90 points and closed at 31584.60.
Nifty futures share price target for 26th Nov19
Primary Trend Nifty Future: Mild up to sideways
Range-Bound Trend of Nifty Futures: All up Moves Initiates Profit Booking (Sale) @ 12200 whereas All Down Moves Initiates Short Covering (Buy) @ 12000
If Nifty future share price Moves Above 12115 and sustain. Then you should Buy with 1st Target of 12042 during the day with a Stop Loss of 12070 FOR the Target of 12149-12170- 12197
If Nifty future share price Moves Below 12070 and sustain. Then you should Sell with 1st Target of 12040 during the day with a Stop Loss of 12020. FOR the Target of 12040- 12010- 11980
Bank Nifty futures share price target for 26th Nov19
Primary Trend of Banknifty Future: Sideways
Range-Bound Trend of Bank Nifty Future: All up Moves Initiates Profit Booking (Sale) @ 31965, whereas All Down Moves Initiates Short Covering (Buy) @ 31060
If Bank Nifty future share price Moves Above 31645 and sustain. Then you should Buy with 1st Target of 31750 during the day with a Stop Loss of 31485. FOR the Target of 31750 – 31860- 31932
If Bank Nifty future share price Moves Below 31485 and sustained. Then you should Sell with 1st Target of 31415 during the day with a Stop Loss of 31645. FOR the Target of 31415 – 31310- 31230
Conclusions:
Today, Nifty futures and Bank Nifty futures share price closed in positive zone. Both the indices Nifty and Bank Nifty are about to touch an all-time high. Market sentiment both global and domestic has become positive after Donald Trump said last Saturday that the Trade Deal signing is very close.
Tomorrow, traders should follow the SGX Nifty in the morning to get the market opening indication. Traders can also follow our Nifty and Banknifty futures share price target for 26th Nov tomorrow
You can also read, Weekly Stock Market: Sensex and Nifty for next week
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