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Index View For 15th Oct 20

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The rally in the last hour of trade helped the market close higher for the tenth consecutive session on October 14, driven by banking & financials anticipating a favorable outcome in the interest waiver case.

The Nifty 50 rose 36.50 points to 11,971 and formed a bullish candle on the daily charts.

Nifty Future Intraday level

Resistance 1- 11998

Resistance 2 – 12017

Resistance 3 – 12042

Support 1 – 11952

Support 2 – 11916

Support 3 – 11887

Bank Nifty Future Intraday level

Resistance 1 – 24029

Resistance 2 – 24166

Resistance 3 – 24300

Support 1 – 23836

Support 2 – 23714

Support 3 – 23623

Note – Level will subject to Gap up and Gap Down Opening.

Thanks 

ProCapitas Market Pro Team

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