Nifty| Bank Nifty Future Share price target for 10th Dec
Nifty & Bank Nifty Future Share price technical level target for 10th Dec
Nifty, Bank Nifty future share price target for 10th Dec: Indian equity market on spot level started with green today and later it was trading sideways during the day. Whereas the Nifty and Bank Nifty future opened in red, it was trading range-bound today and then it closed almost flat
The Nifty future share price opened today at 11,855.30 a gap down of 100.40 points. While Bank nifty future share price today opened at 31374.90, it was down of 43.40 points.
The Nifty future share price touched an intraday high of 12011.80 and day’s low at 11,855.30. It has given a movement of 156.50 points during the day. In the end, Nifty future share price gained 11.7 points and closed at 11,967.
The Bank Nifty future share price touched an intraday high of 31612.10 and day’s low at 31201. It has given an intraday movement of 411.10 points. In the end, Bank Nifty future share price declined 23 points and closed at 31395.30.
Nifty future share price target for 10th Dec
Primary Trend Nifty Futures: Sideways
Range-Bound Trend of Nifty Future:
All up Moves Initiates Profit Booking (Sale) @ 12050 whereas All Down Moves Initiates Short Covering (Buy) @ 11880
If Nifty future share price Moves Above 11998 and sustain. Then you should Buy with 1st Target of 12027 during the day with a Stop Loss of 11930 FOR the Target of 12027-12055- 12085
If Nifty future share price Moves Below 11930 and sustain. Then you should Sell with 1st Target of 11908 during the day with a Stop Loss of 11998. FOR the Target of 11908- 11880- 11842
Bank Nifty futures share price target for 10th Dec19
Primary Trend of Banknifty Future: Mild down to Sideways
Range-Bound Trend of Bank Nifty Future:
All up Moves Initiates Profit Booking (Sale) @ 31650, whereas All Down Moves Initiates Short Covering (Buy) @ 31200
If Bank Nifty future share price Moves Above 31450 and sustain. Then you should Buy with 1st Target of 31508 during the day with a Stop Loss of 31355 FOR the Target of 31508 – 31560- 31610
If Bank Nifty future share price Moves Below 31355 and sustained. Then you should Sell with 1st Target of 31320 during the day with a Stop Loss of 31450 FOR the Target of 31320 – 31210- 31090
Conclusions:
Indian market closed in a flat note after a range-bound session today. Nifty future touched 12000 but could not hold the level. In the short term, the market is looking mild down to sideways. There are few events lined up in the mid of this week ( can read our weekly market views for details) due to that Indian market would remain volatile. Traders should remain cautious and trade with strict stop loss for day trading in the coming few days
Traders can also follow our Nifty and Bank Nifty future share price target for 10th Dec and our weekly market views here
You can also read, 10 best stocks/shares to buy now for 2020
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