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Trade Setup For Monday: Top 15 Things To Know Before Opening Bell


Trade setup for Monday: Top 15 things to know before Opening Bell
Key support levels for the Nifty are placed at 13417.97, followed by 13322.13. If the index moves up, the key resistance levels to watch out for are 13594.47 and 13675.13.
December 14, 2020 / 07:18 AM IST
The market performed well in the week gone by as the S&P BSE Sensex rallied 2.2 percent while the Nifty50 was up 1.9 percent.
The undertone of the market looks positive but profit-booking cannot be ruled out as the benchmarks are at peak valuation.
Going ahead, we believe 13,600 would be the key level to watch, as only a decisive close above 13,600 would lead to the extension of the ongoing rally towards the 13,900 mark as it is the 161.8 percent extension of the consolidation range (13,200-12,800), projected from the breakout area of 13,200, placed at 13,847, said Dharmesh Shah, Head – Technical, ICICI direct. ....

Aanchal Ispat , Zuari Finserv , Dharmesh Shah , Capital Raising Committee , Celgene Corporation , Central Bank , Nifty Bank , Union Bank , Abhinav Capital Services , Shiva Cement , Adroit Infotech , Indian Sucrose , Raising Committee , Zuari Insurance Brokers , ஆன்சல் நான் துப்பினேன் , ஜூறி பின்செருவ் , தர்மேஷ் ஷா , மூலதனம் உயர்த்துவது குழு , செல்ஜீன் நிறுவனம் , மைய வங்கி , நிஃப்டி வங்கி , தொழிற்சங்கம் வங்கி , சிவா சிமென்ட் , உயர்த்துவது குழு , ஜூறி காப்பீடு தரகர்கள் ,