20 JAN 2023 STOCK RESULT
Reliance Industries Ltd.
JSW Steel Ltd.
HDFC Life Insurance Company Ltd.
Union Bank of India
JSW Energy Ltd.
Bandhan Bank Ltd.
Petronet LNG Ltd.
Coforge Ltd.
RBL Bank Ltd.
Nelco Ltd.
Reliance Industrial InfraStructure Ltd.
The Nifty has given a bullish breakout recently from a base triangle pattern formation. On January 19, it witnessed a brief consolidation, which has resulted in an Inside bar pattern on the daily chart. The overall structure shows that this is only a pause & is expected to be followed by the next leg on the upside. Benchmark indices ended lower in the volatile session on January 19. At Close, the Sensex was down 187 points at 60858, and the Nifty was down 57 points at 18107. From a short term perspective, any dip towards 17950-17900 can be taken as a fresh buying opportunity. Over the next few sessions, the Nifty is expected to surpass the key hurdle zone of 18150-18250 & head towards 18300.
Resistance: 18150, 18250, 18350
Support: 18050, 17950, 17850
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