13th Nov 2024 | Asia in Red Market Need to recover otherwise bad situation expected
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NIFTY Prediction
Nifty daily chart, the index has formed a Bearish Engulfing pattern, signaling strong control by the bears. The immediate support is seen at 23,820-23,600. On the upside, there are multiple resistance levels, with the first at 24,200-24,000, where the index is likely to face selling pressure.
BANK NIFTY Prediction
Bank Nifty remained under pressure, dropping by more than a percent, continuing the current correction phase. Resistance on the upside is expected between 52,250 and 52,500, while support on the downside is seen in the range of 51,000 to 50,750.
Breakout Stock for Trading (Future, Option & Swing Trading) with Last Day Breakout
| Sr. | Stock Name | Symbol | Links | % Chg | Price | Volume |
|---|---|---|---|---|---|---|
| 1 | Jubilant Foodworks Limited | JUBLFOOD | P&F | F.A | 5.79% | 636.85 | 1,87,17,555 |
| 2 | The Ramco Cements Limited | RAMCOCEM | P&F | F.A | 4.54% | 910 | 53,20,024 |
| 3 | L&t Technology Services Limited | LTTS | P&F | F.A | 3.28% | 5278.85 | 3,68,421 |
| 4 | Upl Limited | UPL | P&F | F.A | 2.45% | 527.75 | 94,15,040 |
| 5 | Ipca Laboratories Limited | IPCALAB | P&F | F.A | 1.84% | 1559.5 | 8,40,592 |
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