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Indian stock market banged to the negative side on the starting day of the week. While both the Index fall negative gives the clue for the upcoming trading session.
Indian market was affected by lots of global news and the sentiment was also hit by the upcoming Budget session. Coronavirus spreading at rapid speed may be one of the cause for the fall of global market.
Sensex fall about 458 points and Nifty fall about 129 points making the biggest fall for this month.
NIFTY & SENSEX MOVEMENT - 28th JAN 2019
NIFTY
On 27th Jan, Nifty opened at 12,197.1 and closed at the negative side at -1.06% at 12,119. I suggested my second support for Nifty in last day post was 12,110 which was also broken and made a day low of 12,107.
Upside and downside movement is the main role for the Index to perform as per the cash flow in market and performance of NIFTY 50 stocks.
Getting to the negative side Nifty will have a strong support at the level of 12,053 and second support will be at 11,983.
Upward movement will make Nifty to resist at the level of 12,259 and second resistance is 12,325.
SENSEX
On 27th Jan, Sensex opened at 41,510 and closed at the negative side at 41,155, which clearly indicate that the market may move downside on 28th Jan.
Getting to the negative side Sensex will have a strong support at the level of 40,660 and second support will be at 40,285.
Upward movement will make Sensex to resist at the level of 41,532 and second resistance is 41,762.
News in the Market
Thanks for reading. Above prediction is only for study purposes.
Subscribe us to get daily intraday and delivey prediction in real time.
For more subscribe my telegram channel- https://t.me/stockcapture
Indian stock market banged to the negative side on the starting day of the week. While both the Index fall negative gives the clue for the upcoming trading session.
Indian market was affected by lots of global news and the sentiment was also hit by the upcoming Budget session. Coronavirus spreading at rapid speed may be one of the cause for the fall of global market.
Sensex fall about 458 points and Nifty fall about 129 points making the biggest fall for this month.
NIFTY & SENSEX MOVEMENT - 28th JAN 2019
NIFTY
On 27th Jan, Nifty opened at 12,197.1 and closed at the negative side at -1.06% at 12,119. I suggested my second support for Nifty in last day post was 12,110 which was also broken and made a day low of 12,107.
Upside and downside movement is the main role for the Index to perform as per the cash flow in market and performance of NIFTY 50 stocks.
Getting to the negative side Nifty will have a strong support at the level of 12,053 and second support will be at 11,983.
Upward movement will make Nifty to resist at the level of 12,259 and second resistance is 12,325.
SENSEX
On 27th Jan, Sensex opened at 41,510 and closed at the negative side at 41,155, which clearly indicate that the market may move downside on 28th Jan.
Getting to the negative side Sensex will have a strong support at the level of 40,660 and second support will be at 40,285.
Upward movement will make Sensex to resist at the level of 41,532 and second resistance is 41,762.
News in the Market
HDFC Q3 profit jumps 296% on fair value gain after Gruh merger
Thanks for reading. Above prediction is only for study purposes.
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crusial post thank for sharing Tata Steel Share Price
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