Nifty
Nifty50 closed at 19770 level on 18th July. Nifty opened flat around 19755 and touched new high of 19825 and settled positive with the gain of 50 points as well as Sensex closed 200 points positive to close around 66800 level on Tuesday trading session.
Wall Street ended positive in Yesterday trading session, with Dow jones closed with gain of 365 points, European markets also closed in green, Asian markets indices closed in positive.
The pivot points indicating 19700 is the initial key support level to watch out for, followed by 19600 and 19500. If the index rises it can get resistance again at 19800, followed by 19900 and 20000.
Nifty Bank
The Banking Index closed around 45485 level on a flat note, and traded in a rangebound direction throughout the session and touched 45355 at the lower end and 45925 at the higher side. Pivot point suggesting 45500 can act as initial support zone followed by 45400 & 45300 support zone and on the higher side 46000 & 46200 can act as a good resistance levels.
FII & DII data:
Foreign Institutional investors were the Net buyers & bought shares worth Rs 2115.84 crore where as domestic institutional investors were the Net sellers & sold shares worth 1317.56 crore on July 18th.
Stocks which may reacts on quarterly earnings on July 19th
CANFINHOME, HATSUN, INDBNK, CENTURYTEX, L&TFH, TATACOMM, TATACOFEE, NEWGEN, MASTEK, HATSUN, GOODLUCK, FINOLEXIND.
