Nifty Analysis for 14th Aug

Nifty CMP- 11300.45

EOD Analysis

Nifty price opened near the Resistance range. Subsequently price failed to hold on to the said price range and took shelter @11272  (i.e., Support level mentioned). For the rest of the trading session, index price held on to the support range and traded in side ways within a particular range.

As for tomorrow we anticipate the following price action-  

Nifty support and resistance levels for 14th Aug –

Resistance –11330/11407/11480

Support –11272/11200/11088

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Stocks to Watch for Tomorrow –

BIOCON

MCDOWELL-N

Support and Resistance levels for any of the above two stocks will be updated here (Stock Zest) on or before 9:30 AM

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