HCL Tech has signed MoU with Andhra govt for Rs 500 cr campus

March 31, 2017

HCL Technologies, the fourth largest IT services company of the country has signed an MoU with Andhra Pradesh government for setting up its campus in Vijayawada-Amaravati region.

The company is going to invest Rs 500 crore in ten years in the project that involves a development centre and a training facility spread over 27.86 acres to be allotted by the government.

AP government has said in a statement that “The objective of this MoU is to create a state-of-the-art global IT development centre, recruit local talent and mainly create an ecosystem to nourish the sector.”

Read EquityPandit’s Technical Analysis on Nifty IT

BANKNIFTY INDEX OUTLOOK MARKET OUTLOOK

NIFTY BANK Outlook for the Week (June 03, 2024 – June 07, 2024)

CRON USERMay 31, 2024

May 31, 2024

NIFTY BANK closed the previous week on a negative note losing 2.77%.

Technically, NIFTY BANK share price will see immediate support at 48,302.08 and immediate resistance would be seen at 49,677.33.

If NIFTY BANK share price closes below immediate support of 48,302.08, then sharp breakdown can be seen. NIFTY BANK share price will see major support at 47,620.22 for the week.

On the positive side, immediate resistance will be seen at 49,677.33. Closing above 49,677.33, NIFTY BANK share price will see a sharp breakout. Major resistance for NIFTY BANK share price will be seen at 50,370.72 for the week.

Trading range for NIFTY BANK share price for this week should be between 46,926.83 on down side and 51,052.58 on up side.

NIFTY BANK Previous Week High: 49688.85

NIFTY BANK Previous Week Low: 48313.6

NIFTY BANK Previous Week Range: 1375.25 Points

NIFTY BANK share price support and resistance for the week (June 03, 2024 – June 07, 2024)

Level Type	Value
Resistance 3	51,052.58
Resistance 2	50,370.72
Resistance 1	49,677.33
Support 1	48,302.08
Support 2	47,620.22
Support 3	46,926.83

.d-none{display:none};

[{"upd_Date":"2024-04-19T00:00:00","price":47574.15,"volume":164580371,"Open":46744.95,"High":47668.7,"Low":46579.05},{"upd_Date":"2024-04-22T00:00:00","price":47924.9,"volume":177719481,"Open":48145.7,"High":48146.3,"Low":47628.45},{"upd_Date":"2024-04-23T00:00:00","price":47970.45,"volume":141110604,"Open":48299.6,"High":48302.7,"Low":47899.3},{"upd_Date":"2024-04-24T00:00:00","price":48189,"volume":112159300,"Open":48120.9,"High":48246.2,"Low":48028.7},{"upd_Date":"2024-04-25T00:00:00","price":48494.95,"volume":337412581,"Open":47772.65,"High":48625.45,"Low":47737.2},{"upd_Date":"2024-04-26T00:00:00","price":48201.05,"volume":208118242,"Open":48660,"High":48679.65,"Low":48088.25},{"upd_Date":"2024-04-29T00:00:00","price":49424.05,"volume":327134115,"Open":48359.9,"High":49473.6,"Low":48342.7},{"upd_Date":"2024-04-30T00:00:00","price":49396.75,"volume":402874252,"Open":49477.1,"High":49974.75,"Low":49249.9},{"upd_Date":"2024-05-02T00:00:00","price":49231.05,"volume":291857104,"Open":49262,"High":49529.35,"Low":49123.6},{"upd_Date":"2024-05-03T00:00:00","price":48923.55,"volume":222964426,"Open":49375.05,"High":49607.75,"Low":48659.7},{"upd_Date":"2024-05-06T00:00:00","price":48895.3,"volume":340187386,"Open":49174.55,"High":49252.65,"Low":48784},{"upd_Date":"2024-05-07T00:00:00","price":48285.35,"volume":230306618,"Open":48965.05,"High":49023.5,"Low":48213.75},{"upd_Date":"2024-05-08T00:00:00","price":48021.1,"volume":286041100,"Open":48124.2,"High":48223.05,"Low":47851.15},{"upd_Date":"2024-05-09T00:00:00","price":47487.9,"volume":272914366,"Open":47976.35,"High":48258.65,"Low":47440.65},{"upd_Date":"2024-05-10T00:00:00","price":47421.1,"volume":218854712,"Open":47555.5,"High":47868.7,"Low":47313.35},{"upd_Date":"2024-05-13T00:00:00","price":47754.1,"volume":220865860,"Open":47389.8,"High":47841.6,"Low":46983.25},{"upd_Date":"2024-05-14T00:00:00","price":47859.45,"volume":151958187,"Open":47748.85,"High":47937.25,"Low":47607.85},{"upd_Date":"2024-05-15T00:00:00","price":47687.45,"volume":188783717,"Open":47923.1,"High":47957.2,"Low":47534.5},{"upd_Date":"2024-05-16T00:00:00","price":47977.05,"volume":219943967,"Open":47945.85,"High":48052.9,"Low":47340.35},{"upd_Date":"2024-05-17T00:00:00","price":48115.65,"volume":143821357,"Open":47842.95,"High":48188.65,"Low":47758.8},{"upd_Date":"2024-05-18T00:00:00","price":48199.5,"volume":19246577,"Open":48197.3,"High":48222.35,"Low":48108.15},{"upd_Date":"2024-05-21T00:00:00","price":48048.2,"volume":166750558,"Open":47927.1,"High":48259.75,"Low":47927.1},{"upd_Date":"2024-05-22T00:00:00","price":47781.95,"volume":204867369,"Open":48113.9,"High":48114.05,"Low":47435.25},{"upd_Date":"2024-05-23T00:00:00","price":48768.6,"volume":184456258,"Open":47899.35,"High":48829.7,"Low":47873.15},{"upd_Date":"2024-05-24T00:00:00","price":48971.65,"volume":135007612,"Open":48668,"High":49052.95,"Low":48644.8},{"upd_Date":"2024-05-27T00:00:00","price":49281.8,"volume":226530645,"Open":49105.9,"High":49688.85,"Low":49051.25},{"upd_Date":"2024-05-28T00:00:00","price":49142.15,"volume":155174235,"Open":49390.9,"High":49511.15,"Low":49043.65},{"upd_Date":"2024-05-29T00:00:00","price":48501.35,"volume":183590101,"Open":48786.7,"High":49022.6,"Low":48401.55},{"upd_Date":"2024-05-30T00:00:00","price":48682.35,"volume":151037825,"Open":48313.6,"High":49044.6,"Low":48313.6},{"upd_Date":"2024-05-31T00:00:00","price":48983.95,"volume":303626980,"Open":48895.15,"High":49122.55,"Low":48569.05}]

[{"XCHNG":"NSE","Upd_Time":"2024-05-31T00:00:00","open_Price":48895.15,"High_Price":49122.55,"Low_Price":48569.05,"Price":48983.95,"BBuy_Qty":null,"BBuy_Price":null,"BSell_Qty":null,"BSell_Price":null,"Total_Trade":0,"Value":0,"Volume":0,"Oldprice":48682.35,"PriceDiff":301.59999999999854,"change":0.6195263786567381,"Net_TrdQty":0,"HI_52_WK":49974.75,"LO_52_WK":42105.4,"H52DATE":"2024-04-30T00:00:00","L52DATE":"2023-10-26T00:00:00","sc_group":null,"CompLname":"Nifty Bank","Sc_code":null,"ListInfo":"listed","B52HighAdj":49974.75,"b52LowAdj":42105.4,"isin":null,"symbol":"BANKNIFTY "}]

{"buy_point":[{"en_ltd":"2024-05-17","en_sup_p_91":"48087.57","en_sup_t_91":"47371.28","prev_close":"47977.05","en_close":"48115.65","new_date":"May 17","prev_close_no":47977},{"en_ltd":"2024-04-22","en_sup_p_91":"47740.87","en_sup_t_91":"47275.36","prev_close":"47574.15","en_close":"47924.90","new_date":"Apr 22","prev_close_no":47574}],"sell_point":[{"en_ltd":"2024-05-29","en_sup_p_91":"48777.81","en_sup_t_91":"49308.48","prev_close":"49142.15","en_close":"48501.35","new_date":"May 29","prev_close_no":49142},{"en_ltd":"2024-05-03","en_sup_p_91":"48938.98","en_sup_t_91":"49811.17","prev_close":"49231.05","en_close":"48923.55","new_date":"May 3","prev_close_no":49231}]}

BANKNIFTY INDEX OUTLOOK MARKET OUTLOOK

NIFTY BANK Outlook for the Week (May 27, 2024 – May 31, 2024)

CRON USERMay 24, 2024

May 24, 2024

NIFTY BANK closed the previous week on a negative note losing 3.30%.

Technically, NIFTY BANK share price will see immediate support at 47,920.28 and immediate resistance would be seen at 49,537.98.

If NIFTY BANK share price closes below immediate support of 47,920.28, then sharp breakdown can be seen. NIFTY BANK share price will see major support at 46,868.92 for the week.

On the positive side, immediate resistance will be seen at 49,537.98. Closing above 49,537.98, NIFTY BANK share price will see a sharp breakout. Major resistance for NIFTY BANK share price will be seen at 50,104.32 for the week.

Trading range for NIFTY BANK share price for this week should be between 46,302.58 on down side and 51,155.68 on up side.

NIFTY BANK Previous Week High: 49052.95

NIFTY BANK Previous Week Low: 47435.25

NIFTY BANK Previous Week Range: 1617.7 Points

NIFTY BANK share price support and resistance for the week (May 27, 2024 – May 31, 2024)

Level Type	Value
Resistance 3	51,155.68
Resistance 2	50,104.32
Resistance 1	49,537.98
Support 1	47,920.28
Support 2	46,868.92
Support 3	46,302.58

.d-none{display:none};

[{"upd_Date":"2024-04-10T00:00:00","price":48986.6,"volume":247065747,"Open":48879.55,"High":49057.4,"Low":48669.25},{"upd_Date":"2024-04-12T00:00:00","price":48564.55,"volume":207985339,"Open":48671.2,"High":48882.65,"Low":48477.55},{"upd_Date":"2024-04-15T00:00:00","price":47773.25,"volume":197115142,"Open":48057.5,"High":48255.5,"Low":47725.8},{"upd_Date":"2024-04-16T00:00:00","price":47484.8,"volume":186069576,"Open":47436.7,"High":47609,"Low":47316.55},{"upd_Date":"2024-04-18T00:00:00","price":47069.45,"volume":186371057,"Open":47592.7,"High":47829.75,"Low":46982.15},{"upd_Date":"2024-04-19T00:00:00","price":47574.15,"volume":164580371,"Open":46744.95,"High":47668.7,"Low":46579.05},{"upd_Date":"2024-04-22T00:00:00","price":47924.9,"volume":177719481,"Open":48145.7,"High":48146.3,"Low":47628.45},{"upd_Date":"2024-04-23T00:00:00","price":47970.45,"volume":141110604,"Open":48299.6,"High":48302.7,"Low":47899.3},{"upd_Date":"2024-04-24T00:00:00","price":48189,"volume":112159300,"Open":48120.9,"High":48246.2,"Low":48028.7},{"upd_Date":"2024-04-25T00:00:00","price":48494.95,"volume":337412581,"Open":47772.65,"High":48625.45,"Low":47737.2},{"upd_Date":"2024-04-26T00:00:00","price":48201.05,"volume":208118242,"Open":48660,"High":48679.65,"Low":48088.25},{"upd_Date":"2024-04-29T00:00:00","price":49424.05,"volume":327134115,"Open":48359.9,"High":49473.6,"Low":48342.7},{"upd_Date":"2024-04-30T00:00:00","price":49396.75,"volume":402874252,"Open":49477.1,"High":49974.75,"Low":49249.9},{"upd_Date":"2024-05-02T00:00:00","price":49231.05,"volume":291857104,"Open":49262,"High":49529.35,"Low":49123.6},{"upd_Date":"2024-05-03T00:00:00","price":48923.55,"volume":222964426,"Open":49375.05,"High":49607.75,"Low":48659.7},{"upd_Date":"2024-05-06T00:00:00","price":48895.3,"volume":340187386,"Open":49174.55,"High":49252.65,"Low":48784},{"upd_Date":"2024-05-07T00:00:00","price":48285.35,"volume":230306618,"Open":48965.05,"High":49023.5,"Low":48213.75},{"upd_Date":"2024-05-08T00:00:00","price":48021.1,"volume":286041100,"Open":48124.2,"High":48223.05,"Low":47851.15},{"upd_Date":"2024-05-09T00:00:00","price":47487.9,"volume":272914366,"Open":47976.35,"High":48258.65,"Low":47440.65},{"upd_Date":"2024-05-10T00:00:00","price":47421.1,"volume":218854712,"Open":47555.5,"High":47868.7,"Low":47313.35},{"upd_Date":"2024-05-13T00:00:00","price":47754.1,"volume":220865860,"Open":47389.8,"High":47841.6,"Low":46983.25},{"upd_Date":"2024-05-14T00:00:00","price":47859.45,"volume":151958187,"Open":47748.85,"High":47937.25,"Low":47607.85},{"upd_Date":"2024-05-15T00:00:00","price":47687.45,"volume":188783717,"Open":47923.1,"High":47957.2,"Low":47534.5},{"upd_Date":"2024-05-16T00:00:00","price":47977.05,"volume":219943967,"Open":47945.85,"High":48052.9,"Low":47340.35},{"upd_Date":"2024-05-17T00:00:00","price":48115.65,"volume":143821357,"Open":47842.95,"High":48188.65,"Low":47758.8},{"upd_Date":"2024-05-18T00:00:00","price":48199.5,"volume":19246577,"Open":48197.3,"High":48222.35,"Low":48108.15},{"upd_Date":"2024-05-21T00:00:00","price":48048.2,"volume":166750558,"Open":47927.1,"High":48259.75,"Low":47927.1},{"upd_Date":"2024-05-22T00:00:00","price":47781.95,"volume":204867369,"Open":48113.9,"High":48114.05,"Low":47435.25},{"upd_Date":"2024-05-23T00:00:00","price":48768.6,"volume":184456258,"Open":47899.35,"High":48829.7,"Low":47873.15},{"upd_Date":"2024-05-24T00:00:00","price":48971.65,"volume":135007612,"Open":48668,"High":49052.95,"Low":48644.8}]

[{"XCHNG":"NSE","Upd_Time":"2024-05-24T00:00:00","open_Price":48668,"High_Price":49052.95,"Low_Price":48644.8,"Price":48971.65,"BBuy_Qty":null,"BBuy_Price":null,"BSell_Qty":null,"BSell_Price":null,"Total_Trade":0,"Value":0,"Volume":0,"Oldprice":48768.6,"PriceDiff":203.0500000000029,"change":0.4163539654613889,"Net_TrdQty":0,"HI_52_WK":49974.75,"LO_52_WK":42105.4,"H52DATE":"2024-04-30T00:00:00","L52DATE":"2023-10-26T00:00:00","sc_group":null,"CompLname":"Nifty Bank","Sc_code":null,"ListInfo":"listed","B52HighAdj":49974.75,"b52LowAdj":42105.4,"isin":null,"symbol":"BANKNIFTY "}]

{"buy_point":[{"en_ltd":"2024-05-17","en_sup_p_91":"48087.57","en_sup_t_91":"47371.28","prev_close":"47977.05","en_close":"48115.65","new_date":"May 17","prev_close_no":47977},{"en_ltd":"2024-04-22","en_sup_p_91":"47740.87","en_sup_t_91":"47275.36","prev_close":"47574.15","en_close":"47924.90","new_date":"Apr 22","prev_close_no":47574}],"sell_point":[{"en_ltd":"2024-05-03","en_sup_p_91":"48938.98","en_sup_t_91":"49811.17","prev_close":"49231.05","en_close":"48923.55","new_date":"May 3","prev_close_no":49231},{"en_ltd":"2024-04-15","en_sup_p_91":"48374.34","en_sup_t_91":"48520.48","prev_close":"48564.55","en_close":"47773.25","new_date":"Apr 15","prev_close_no":48564}]}

BANKNIFTY INDEX OUTLOOK MARKET OUTLOOK

NIFTY BANK Outlook for the Week (May 20, 2024 – May 24, 2024)

CRON USERMay 17, 2024

May 17, 2024

NIFTY BANK closed the previous week on a negative note losing 2.50%.

Technically, NIFTY BANK share price will see immediate support at 47,336.38 and immediate resistance would be seen at 48,541.78.

If NIFTY BANK share price closes below immediate support of 47,336.38, then sharp breakdown can be seen. NIFTY BANK share price will see major support at 46,557.12 for the week.

On the positive side, immediate resistance will be seen at 48,541.78. Closing above 48,541.78, NIFTY BANK share price will see a sharp breakout. Major resistance for NIFTY BANK share price will be seen at 48,967.92 for the week.

Trading range for NIFTY BANK share price for this week should be between 46,130.98 on down side and 49,747.18 on up side.

NIFTY BANK Previous Week High: 48188.65

NIFTY BANK Previous Week Low: 46983.25

NIFTY BANK Previous Week Range: 1205.4 Points

NIFTY BANK share price support and resistance for the week (May 20, 2024 – May 24, 2024)

Level Type	Value
Resistance 3	49,747.18
Resistance 2	48,967.92
Resistance 1	48,541.78
Support 1	47,336.38
Support 2	46,557.12
Support 3	46,130.98

.d-none{display:none};

[{"upd_Date":"2024-04-03T00:00:00","price":47624.25,"volume":283779413,"Open":47350.25,"High":47676.95,"Low":47279.8},{"upd_Date":"2024-04-04T00:00:00","price":48060.8,"volume":324271925,"Open":48086.2,"High":48254.65,"Low":47712.7},{"upd_Date":"2024-04-05T00:00:00","price":48493.05,"volume":214305236,"Open":48104.65,"High":48557.4,"Low":47894.5},{"upd_Date":"2024-04-08T00:00:00","price":48581.7,"volume":263381555,"Open":48586.75,"High":48716.95,"Low":48424.65},{"upd_Date":"2024-04-09T00:00:00","price":48730.55,"volume":147583296,"Open":48810.8,"High":48960.75,"Low":48568.25},{"upd_Date":"2024-04-10T00:00:00","price":48986.6,"volume":247065747,"Open":48879.55,"High":49057.4,"Low":48669.25},{"upd_Date":"2024-04-12T00:00:00","price":48564.55,"volume":207985339,"Open":48671.2,"High":48882.65,"Low":48477.55},{"upd_Date":"2024-04-15T00:00:00","price":47773.25,"volume":197115142,"Open":48057.5,"High":48255.5,"Low":47725.8},{"upd_Date":"2024-04-16T00:00:00","price":47484.8,"volume":186069576,"Open":47436.7,"High":47609,"Low":47316.55},{"upd_Date":"2024-04-18T00:00:00","price":47069.45,"volume":186371057,"Open":47592.7,"High":47829.75,"Low":46982.15},{"upd_Date":"2024-04-19T00:00:00","price":47574.15,"volume":164580371,"Open":46744.95,"High":47668.7,"Low":46579.05},{"upd_Date":"2024-04-22T00:00:00","price":47924.9,"volume":177719481,"Open":48145.7,"High":48146.3,"Low":47628.45},{"upd_Date":"2024-04-23T00:00:00","price":47970.45,"volume":141110604,"Open":48299.6,"High":48302.7,"Low":47899.3},{"upd_Date":"2024-04-24T00:00:00","price":48189,"volume":112159300,"Open":48120.9,"High":48246.2,"Low":48028.7},{"upd_Date":"2024-04-25T00:00:00","price":48494.95,"volume":337412581,"Open":47772.65,"High":48625.45,"Low":47737.2},{"upd_Date":"2024-04-26T00:00:00","price":48201.05,"volume":208118242,"Open":48660,"High":48679.65,"Low":48088.25},{"upd_Date":"2024-04-29T00:00:00","price":49424.05,"volume":327134115,"Open":48359.9,"High":49473.6,"Low":48342.7},{"upd_Date":"2024-04-30T00:00:00","price":49396.75,"volume":402874252,"Open":49477.1,"High":49974.75,"Low":49249.9},{"upd_Date":"2024-05-02T00:00:00","price":49231.05,"volume":291857104,"Open":49262,"High":49529.35,"Low":49123.6},{"upd_Date":"2024-05-03T00:00:00","price":48923.55,"volume":222964426,"Open":49375.05,"High":49607.75,"Low":48659.7},{"upd_Date":"2024-05-06T00:00:00","price":48895.3,"volume":340187386,"Open":49174.55,"High":49252.65,"Low":48784},{"upd_Date":"2024-05-07T00:00:00","price":48285.35,"volume":230306618,"Open":48965.05,"High":49023.5,"Low":48213.75},{"upd_Date":"2024-05-08T00:00:00","price":48021.1,"volume":286041100,"Open":48124.2,"High":48223.05,"Low":47851.15},{"upd_Date":"2024-05-09T00:00:00","price":47487.9,"volume":272914366,"Open":47976.35,"High":48258.65,"Low":47440.65},{"upd_Date":"2024-05-10T00:00:00","price":47421.1,"volume":218854712,"Open":47555.5,"High":47868.7,"Low":47313.35},{"upd_Date":"2024-05-13T00:00:00","price":47754.1,"volume":220865860,"Open":47389.8,"High":47841.6,"Low":46983.25},{"upd_Date":"2024-05-14T00:00:00","price":47859.45,"volume":151958187,"Open":47748.85,"High":47937.25,"Low":47607.85},{"upd_Date":"2024-05-15T00:00:00","price":47687.45,"volume":188783717,"Open":47923.1,"High":47957.2,"Low":47534.5},{"upd_Date":"2024-05-16T00:00:00","price":47977.05,"volume":219943967,"Open":47945.85,"High":48052.9,"Low":47340.35},{"upd_Date":"2024-05-17T00:00:00","price":48115.65,"volume":143821357,"Open":47842.95,"High":48188.65,"Low":47758.8}]

[{"XCHNG":"NSE","Upd_Time":"2024-05-17T00:00:00","open_Price":47842.95,"High_Price":48188.65,"Low_Price":47758.8,"Price":48115.65,"BBuy_Qty":null,"BBuy_Price":null,"BSell_Qty":null,"BSell_Price":null,"Total_Trade":0,"Value":0,"Volume":0,"Oldprice":47977.05,"PriceDiff":138.59999999999854,"change":0.28888812463458785,"Net_TrdQty":0,"HI_52_WK":49974.75,"LO_52_WK":42105.4,"H52DATE":"2024-04-30T00:00:00","L52DATE":"2023-10-26T00:00:00","sc_group":null,"CompLname":"Nifty Bank","Sc_code":null,"ListInfo":"listed","B52HighAdj":49974.75,"b52LowAdj":42105.4,"isin":null,"symbol":"BANKNIFTY "}]

{"buy_point":[{"en_ltd":"2024-05-17","en_sup_p_91":"48087.57","en_sup_t_91":"47371.28","prev_close":"47977.05","en_close":"48115.65","new_date":"May 17","prev_close_no":47977},{"en_ltd":"2024-04-22","en_sup_p_91":"47740.87","en_sup_t_91":"47275.36","prev_close":"47574.15","en_close":"47924.90","new_date":"Apr 22","prev_close_no":47574}],"sell_point":[{"en_ltd":"2024-05-03","en_sup_p_91":"48938.98","en_sup_t_91":"49811.17","prev_close":"49231.05","en_close":"48923.55","new_date":"May 3","prev_close_no":49231},{"en_ltd":"2024-04-15","en_sup_p_91":"48374.34","en_sup_t_91":"48520.48","prev_close":"48564.55","en_close":"47773.25","new_date":"Apr 15","prev_close_no":48564}]}

BANKNIFTY INDEX OUTLOOK MARKET OUTLOOK

NIFTY BANK Outlook for the Week (May 13, 2024 – May 17, 2024)

CRON USERMay 10, 2024

May 10, 2024

NIFTY BANK closed the previous week on a negative note losing 3.94%.

Technically, NIFTY BANK share price will see immediate support at 46,738.75 and immediate resistance would be seen at 48,678.05.

If NIFTY BANK share price closes below immediate support of 46,738.75, then sharp breakdown can be seen. NIFTY BANK share price will see major support at 46,056.40 for the week.

On the positive side, immediate resistance will be seen at 48,678.05. Closing above 48,678.05, NIFTY BANK share price will see a sharp breakout. Major resistance for NIFTY BANK share price will be seen at 49,935.00 for the week.

Trading range for NIFTY BANK share price for this week should be between 44,799.45 on down side and 50,617.35 on up side.

NIFTY BANK Previous Week High: 49252.65

NIFTY BANK Previous Week Low: 47313.35

NIFTY BANK Previous Week Range: 1939.3 Points

NIFTY BANK share price support and resistance for the week (May 13, 2024 – May 17, 2024)

Level Type	Value
Resistance 3	50,617.35
Resistance 2	49,935.00
Resistance 1	48,678.05
Support 1	46,738.75
Support 2	46,056.40
Support 3	44,799.45

.d-none{display:none};

[{"upd_Date":"2024-03-26T00:00:00","price":46600.2,"volume":171655734,"Open":46552.95,"High":46788.35,"Low":46529.05},{"upd_Date":"2024-03-27T00:00:00","price":46785.95,"volume":285050400,"Open":46643.45,"High":46956.1,"Low":46643.45},{"upd_Date":"2024-03-28T00:00:00","price":47124.6,"volume":347979603,"Open":46827.85,"High":47440.45,"Low":46827.85},{"upd_Date":"2024-04-01T00:00:00","price":47578.25,"volume":134089417,"Open":47391.05,"High":47646.8,"Low":47373.1},{"upd_Date":"2024-04-02T00:00:00","price":47545.45,"volume":183398624,"Open":47490.75,"High":47707.35,"Low":47408.55},{"upd_Date":"2024-04-03T00:00:00","price":47624.25,"volume":283779413,"Open":47350.25,"High":47676.95,"Low":47279.8},{"upd_Date":"2024-04-04T00:00:00","price":48060.8,"volume":324271925,"Open":48086.2,"High":48254.65,"Low":47712.7},{"upd_Date":"2024-04-05T00:00:00","price":48493.05,"volume":214305236,"Open":48104.65,"High":48557.4,"Low":47894.5},{"upd_Date":"2024-04-08T00:00:00","price":48581.7,"volume":263381555,"Open":48586.75,"High":48716.95,"Low":48424.65},{"upd_Date":"2024-04-09T00:00:00","price":48730.55,"volume":147583296,"Open":48810.8,"High":48960.75,"Low":48568.25},{"upd_Date":"2024-04-10T00:00:00","price":48986.6,"volume":247065747,"Open":48879.55,"High":49057.4,"Low":48669.25},{"upd_Date":"2024-04-12T00:00:00","price":48564.55,"volume":207985339,"Open":48671.2,"High":48882.65,"Low":48477.55},{"upd_Date":"2024-04-15T00:00:00","price":47773.25,"volume":197115142,"Open":48057.5,"High":48255.5,"Low":47725.8},{"upd_Date":"2024-04-16T00:00:00","price":47484.8,"volume":186069576,"Open":47436.7,"High":47609,"Low":47316.55},{"upd_Date":"2024-04-18T00:00:00","price":47069.45,"volume":186371057,"Open":47592.7,"High":47829.75,"Low":46982.15},{"upd_Date":"2024-04-19T00:00:00","price":47574.15,"volume":164580371,"Open":46744.95,"High":47668.7,"Low":46579.05},{"upd_Date":"2024-04-22T00:00:00","price":47924.9,"volume":177719481,"Open":48145.7,"High":48146.3,"Low":47628.45},{"upd_Date":"2024-04-23T00:00:00","price":47970.45,"volume":141110604,"Open":48299.6,"High":48302.7,"Low":47899.3},{"upd_Date":"2024-04-24T00:00:00","price":48189,"volume":112159300,"Open":48120.9,"High":48246.2,"Low":48028.7},{"upd_Date":"2024-04-25T00:00:00","price":48494.95,"volume":337412581,"Open":47772.65,"High":48625.45,"Low":47737.2},{"upd_Date":"2024-04-26T00:00:00","price":48201.05,"volume":208118242,"Open":48660,"High":48679.65,"Low":48088.25},{"upd_Date":"2024-04-29T00:00:00","price":49424.05,"volume":327134115,"Open":48359.9,"High":49473.6,"Low":48342.7},{"upd_Date":"2024-04-30T00:00:00","price":49396.75,"volume":402874252,"Open":49477.1,"High":49974.75,"Low":49249.9},{"upd_Date":"2024-05-02T00:00:00","price":49231.05,"volume":291857104,"Open":49262,"High":49529.35,"Low":49123.6},{"upd_Date":"2024-05-03T00:00:00","price":48923.55,"volume":222964426,"Open":49375.05,"High":49607.75,"Low":48659.7},{"upd_Date":"2024-05-06T00:00:00","price":48895.3,"volume":340187386,"Open":49174.55,"High":49252.65,"Low":48784},{"upd_Date":"2024-05-07T00:00:00","price":48285.35,"volume":230306618,"Open":48965.05,"High":49023.5,"Low":48213.75},{"upd_Date":"2024-05-08T00:00:00","price":48021.1,"volume":286041100,"Open":48124.2,"High":48223.05,"Low":47851.15},{"upd_Date":"2024-05-09T00:00:00","price":47487.9,"volume":272914366,"Open":47976.35,"High":48258.65,"Low":47440.65},{"upd_Date":"2024-05-10T00:00:00","price":47421.1,"volume":218854712,"Open":47555.5,"High":47868.7,"Low":47313.35}]

[{"XCHNG":"NSE","Upd_Time":"2024-05-10T00:00:00","open_Price":47555.5,"High_Price":47868.7,"Low_Price":47313.35,"Price":47421.1,"BBuy_Qty":null,"BBuy_Price":null,"BSell_Qty":null,"BSell_Price":null,"Total_Trade":0,"Value":0,"Volume":0,"Oldprice":47487.9,"PriceDiff":-66.80000000000291,"change":-0.14066741211972505,"Net_TrdQty":0,"HI_52_WK":49974.75,"LO_52_WK":42105.4,"H52DATE":"2024-04-30T00:00:00","L52DATE":"2023-10-26T00:00:00","sc_group":null,"CompLname":"Nifty Bank","Sc_code":"532049","ListInfo":"listed","B52HighAdj":49974.75,"b52LowAdj":42105.4,"isin":null,"symbol":"BANKNIFTY"}]

{"buy_point":[{"en_ltd":"2024-04-22","en_sup_p_91":"47740.87","en_sup_t_91":"47275.36","prev_close":"47574.15","en_close":"47924.90","new_date":"Apr 22","prev_close_no":47574},{"en_ltd":"2024-03-28","en_sup_p_91":"46868.31","en_sup_t_91":"46570.52","prev_close":"46785.95","en_close":"47124.60","new_date":"Mar 28","prev_close_no":46785}],"sell_point":[{"en_ltd":"2024-05-03","en_sup_p_91":"48938.98","en_sup_t_91":"49811.17","prev_close":"49231.05","en_close":"48923.55","new_date":"May 3","prev_close_no":49231},{"en_ltd":"2024-04-15","en_sup_p_91":"48374.34","en_sup_t_91":"48520.48","prev_close":"48564.55","en_close":"47773.25","new_date":"Apr 15","prev_close_no":48564}]}

BANKNIFTY INDEX OUTLOOK MARKET OUTLOOK

NIFTY BANK Outlook for the Week (May 06, 2024 – May 10, 2024)

CRON USERMay 3, 2024

May 3, 2024

NIFTY BANK closed the previous week on a negative note losing 3.27%.

Technically, NIFTY BANK share price will see immediate support at 48,185.92 and immediate resistance would be seen at 49,817.97.

If NIFTY BANK share price closes below immediate support of 48,185.92, then sharp breakdown can be seen. NIFTY BANK share price will see major support at 47,448.28 for the week.

On the positive side, immediate resistance will be seen at 49,817.97. Closing above 49,817.97, NIFTY BANK share price will see a sharp breakout. Major resistance for NIFTY BANK share price will be seen at 50,712.38 for the week.

Trading range for NIFTY BANK share price for this week should be between 46,553.87 on down side and 51,450.02 on up side.

NIFTY BANK Previous Week High: 49974.75

NIFTY BANK Previous Week Low: 48342.7

NIFTY BANK Previous Week Range: 1632.05 Points

NIFTY BANK share price support and resistance for the week (May 06, 2024 – May 10, 2024)

Level Type	Value
Resistance 3	51,450.02
Resistance 2	50,712.38
Resistance 1	49,817.97
Support 1	48,185.92
Support 2	47,448.28
Support 3	46,553.87

.d-none{display:none};

[{"upd_Date":"2024-03-18T00:00:00","price":46575.9,"volume":151328904,"Open":46458.75,"High":46739.25,"Low":46022.15},{"upd_Date":"2024-03-19T00:00:00","price":46384.8,"volume":147080034,"Open":46421.9,"High":46602.35,"Low":46258.75},{"upd_Date":"2024-03-20T00:00:00","price":46310.9,"volume":210365443,"Open":46392.9,"High":46655.55,"Low":45828.8},{"upd_Date":"2024-03-21T00:00:00","price":46684.9,"volume":150392246,"Open":46674.85,"High":46990.25,"Low":46570.15},{"upd_Date":"2024-03-22T00:00:00","price":46863.75,"volume":172184807,"Open":46634.9,"High":46974.15,"Low":46566.8},{"upd_Date":"2024-03-26T00:00:00","price":46600.2,"volume":171655734,"Open":46552.95,"High":46788.35,"Low":46529.05},{"upd_Date":"2024-03-27T00:00:00","price":46785.95,"volume":285050400,"Open":46643.45,"High":46956.1,"Low":46643.45},{"upd_Date":"2024-03-28T00:00:00","price":47124.6,"volume":347979603,"Open":46827.85,"High":47440.45,"Low":46827.85},{"upd_Date":"2024-04-01T00:00:00","price":47578.25,"volume":134089417,"Open":47391.05,"High":47646.8,"Low":47373.1},{"upd_Date":"2024-04-02T00:00:00","price":47545.45,"volume":183398624,"Open":47490.75,"High":47707.35,"Low":47408.55},{"upd_Date":"2024-04-03T00:00:00","price":47624.25,"volume":283779413,"Open":47350.25,"High":47676.95,"Low":47279.8},{"upd_Date":"2024-04-04T00:00:00","price":48060.8,"volume":324271925,"Open":48086.2,"High":48254.65,"Low":47712.7},{"upd_Date":"2024-04-05T00:00:00","price":48493.05,"volume":214305236,"Open":48104.65,"High":48557.4,"Low":47894.5},{"upd_Date":"2024-04-08T00:00:00","price":48581.7,"volume":263381555,"Open":48586.75,"High":48716.95,"Low":48424.65},{"upd_Date":"2024-04-09T00:00:00","price":48730.55,"volume":147583296,"Open":48810.8,"High":48960.75,"Low":48568.25},{"upd_Date":"2024-04-10T00:00:00","price":48986.6,"volume":247065747,"Open":48879.55,"High":49057.4,"Low":48669.25},{"upd_Date":"2024-04-12T00:00:00","price":48564.55,"volume":207985339,"Open":48671.2,"High":48882.65,"Low":48477.55},{"upd_Date":"2024-04-15T00:00:00","price":47773.25,"volume":197115142,"Open":48057.5,"High":48255.5,"Low":47725.8},{"upd_Date":"2024-04-16T00:00:00","price":47484.8,"volume":186069576,"Open":47436.7,"High":47609,"Low":47316.55},{"upd_Date":"2024-04-18T00:00:00","price":47069.45,"volume":186371057,"Open":47592.7,"High":47829.75,"Low":46982.15},{"upd_Date":"2024-04-19T00:00:00","price":47574.15,"volume":164580371,"Open":46744.95,"High":47668.7,"Low":46579.05},{"upd_Date":"2024-04-22T00:00:00","price":47924.9,"volume":177719481,"Open":48145.7,"High":48146.3,"Low":47628.45},{"upd_Date":"2024-04-23T00:00:00","price":47970.45,"volume":141110604,"Open":48299.6,"High":48302.7,"Low":47899.3},{"upd_Date":"2024-04-24T00:00:00","price":48189,"volume":112159300,"Open":48120.9,"High":48246.2,"Low":48028.7},{"upd_Date":"2024-04-25T00:00:00","price":48494.95,"volume":337412581,"Open":47772.65,"High":48625.45,"Low":47737.2},{"upd_Date":"2024-04-26T00:00:00","price":48201.05,"volume":208118242,"Open":48660,"High":48679.65,"Low":48088.25},{"upd_Date":"2024-04-29T00:00:00","price":49424.05,"volume":327134115,"Open":48359.9,"High":49473.6,"Low":48342.7},{"upd_Date":"2024-04-30T00:00:00","price":49396.75,"volume":402874252,"Open":49477.1,"High":49974.75,"Low":49249.9},{"upd_Date":"2024-05-02T00:00:00","price":49231.05,"volume":291857104,"Open":49262,"High":49529.35,"Low":49123.6},{"upd_Date":"2024-05-03T00:00:00","price":48923.55,"volume":222964426,"Open":49375.05,"High":49607.75,"Low":48659.7}]

[{"XCHNG":"NSE","Upd_Time":"2024-05-03T00:00:00","open_Price":49375.05,"High_Price":49607.75,"Low_Price":48659.7,"Price":48923.55,"BBuy_Qty":null,"BBuy_Price":null,"BSell_Qty":null,"BSell_Price":null,"Total_Trade":0,"Value":0,"Volume":0,"Oldprice":49231.05,"PriceDiff":-307.5,"change":-0.6246058127949738,"Net_TrdQty":0,"HI_52_WK":49974.75,"LO_52_WK":42105.4,"H52DATE":"2024-04-30T00:00:00","L52DATE":"2023-10-26T00:00:00","sc_group":null,"CompLname":"Nifty Bank","Sc_code":"532049","ListInfo":"listed","B52HighAdj":49974.75,"b52LowAdj":42105.4,"isin":null,"symbol":"BANKNIFTY"}]

{"buy_point":[{"en_ltd":"2024-04-22","en_sup_p_91":"47740.87","en_sup_t_91":"47275.36","prev_close":"47574.15","en_close":"47924.90","new_date":"Apr 22","prev_close_no":47574},{"en_ltd":"2024-03-28","en_sup_p_91":"46868.31","en_sup_t_91":"46570.52","prev_close":"46785.95","en_close":"47124.60","new_date":"Mar 28","prev_close_no":46785}],"sell_point":[{"en_ltd":"2024-05-03","en_sup_p_91":"48938.98","en_sup_t_91":"49811.17","prev_close":"49231.05","en_close":"48923.55","new_date":"May 3","prev_close_no":49231},{"en_ltd":"2024-04-15","en_sup_p_91":"48374.34","en_sup_t_91":"48520.48","prev_close":"48564.55","en_close":"47773.25","new_date":"Apr 15","prev_close_no":48564}]}

EquityPandit

Get Daily Prediction & Stocks Tips On Your Mobile

EquityPandit