Moody’s Downgrade + COVID Fears: Is This the Return of the Bears?
NIFTY FUTURES
📈 Nifty Futures – Key Levels to Watch!
🔹 Upside Resistance: Above 24,900, Nifty may face resistance near 25,020, with potential to test 25,150 if bullish momentum picks up.
🔹 Downside Support: Immediate support is seen at 24,700. A break below could drag Nifty toward 24,600, and further down to 24,500.
BANK NIFTY FUTURES
🏦 Bank Nifty Futures – Key Levels to Watch!
🔹 Upside Resistance: Above 55,300, Bank Nifty may face resistance near 55,500, with potential to test 55,700 if buying interest strengthens.
🔹 Downside Support: Immediate support is seen at 54,800. A break below could lead to further downside toward 54,600, and then 54,350.
KEY STOCKS TO WATCH
🏗️ Shree Cement – Swing Trade Setup
🔹 Buy above: ₹32,050
🔹 Target: ₹33,950
🔹 Stop-loss: ₹30,150 (below)
💼 Edelweiss Fin Serv Ltd – Trade Setup
🔹 Buy above: ₹95
🔹 Target: ₹105 – ₹115
🔹 Stop-loss: ₹85 (below)
Until then, Happy Trading!
Commodity Samachar Securities
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