NIFTY FUTURES
📈 Nifty Futures – Key Levels to Watch!
🔹 Upside Resistance: Above 24,500, Nifty may face resistance at 24,600, with a further target of 24,700 if momentum continues.
🔹 Downside Support: The 24,350 level is key; breaking below it could lead to further support at 24,250 and 24,150.
BANK NIFTY FUTURES
🏦 Bank Nifty Futures – Key Levels to Watch!
🔹 Upside Resistance: Watch for resistance at 55,650. A breakout could take it higher toward 55,900.
🔹 Downside Support: Support is seen near 55,100; if breached, it may slide toward 54,850 and 54,650.
KEY STOCKS TO WATCH
TTK Prestige and TVS Motor hit stop-loss levels amid market volatility, prompting a wait-and-watch approach for potential re-entry.
1. BALKRISHNA INDUSTRIES LTD
⚡ Balkrishna Industries Ltd – Trade Setup
🔹 Buy at CMP
🔹 Targets: 2,900 – 3,000
🔹 Stop-loss: 2,500 (below)
2. OIL INDIA LTD
⚡ Oil India Ltd – Trade Setup
🔹 Buy at CMP
🔹 Targets: 435 – 450
🔹 Stop-loss: 385 (below)
Risk management is key.
Until then, Happy Trading!
Commodity Samachar Securities
We Decode the Language of the Markets
