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Technical Morning Call 180526

18-May-26

NIFTY FUT TECHNICAL OUTLOOK • Nifty is expected to open on a gap down note and likely to witness range bound move during the day. • Range momentum between 23850-23200 is seen alongside a V-shape recovery over the following days. • On technical grounds, Nifty has an immediate support at 23500. If Nifty closes below that, further downside can be expected towards 23440-23370 mark. • On the flip side 23740-23800 will act as strong resistance levels. BANK FUT NIFTY TECHNICAL OUTLOOK • Bank Nifty is expected to open on a gap down note and likely to witness range bound move during the day. • Range of 54000 and 53000 is intact and has seen no major supply or demand on either side of the chart. • On technical grounds, Bank Nifty has an immediate support at 53440. If Bank Nifty closes below that, further downside can be expected towards 53200-53000 mark. • On the flip side 54200-54500 will act as strong resistance levels.

Technical Morning Call 150526

15-May-26

NIFTY FUT TECHNICAL OUTLOOK • Nifty is expected to open on a flattish note and likely to witness range bound move during the day. • Nifty reversed before its important gap support of 23180, with ‘MORNING STAR’ candlestick on daily timeframe. • On technical grounds, Nifty has an immediate support at 23600. If Nifty closes below that, further downside can be expected towards 23540-23470 mark. • On the flip side 23800-23900 will act as strong resistance levels. BANK FUT NIFTY TECHNICAL OUTLOOK • Bank Nifty is expected to open on a flattish note and likely to witness range bound move during the day. • Important closing above the previous bearish ‘DOJI’ candlestick for demand to come in . • On technical grounds, Bank Nifty has an immediate support at 53900. If Bank Nifty closes below that, further downside can be expected towards 53700-53500 mark. • On the flip side 54500-54770 will act as strong resistance levels.

Technical Morning Call 140526

14-May-26

NIFTY FUT TECHNICAL OUTLOOK • Nifty is expected to open on a positive note and likely to witness positive move during the day. • Nifty approaching its important gap support of 23180, with indecision ‘DOJI’ candlestick on daily timeframe. • On technical grounds, Nifty has an immediate Resistance at 23600. If Nifty closes above that, further upside can be expected towards 23770-23840 mark. • On the flip side 23300-23170 will act as strong support levels. BANK FUT NIFTY TECHNICAL OUTLOOK • Bank Nifty is expected to open on a positive note and likely to witness positive move during the day. • Important gap at 52940 level may act as a strong support, with strong supply dominance. • On technical grounds, Bank Nifty has an immediate Resistance at 54000. If Bank Nifty closes above that, further upside can be expected towards 54270-54500 mark. • On the flip side 53500-53240 will act as strong support levels.

Technical Morning Call 130526

13-May-26

NIFTY FUT TECHNICAL OUTLOOK • Nifty is expected to open on a flattish note and likely to witness range bound move during the day. • Nifty approaching its important gap support of 23180, with heavy supply dominance. • On technical grounds, Nifty has an immediate Resistance at 23670. If Nifty closes above that, further upside can be expected towards 23740-23870 mark. • On the flip side 23340-23270 will act as strong support levels. BANK FUT NIFTY TECHNICAL OUTLOOK • Bank Nifty is expected to open on a flattish note and likely to witness range bound move during the day. • Important gap at 52940 level may act as a strong support. • On technical grounds, Bank Nifty has an immediate Resistance at 54000. If Bank Nifty closes above that, further upside can be expected towards 54270-54500 mark. • On the flip side 53440-53270 will act as strong support levels.

Technical Morning Call 120526

12-May-26

NIFTY FUT TECHNICAL OUTLOOK • Nifty is expected to open on a gap down note and likely to witness sideways move during the day. • Nifty approaching its important gap support of 23600, with heavy supply dominance. • On technical grounds, Nifty has an immediate support at 23640. If Nifty closes below that, further downside can be expected towards 23570-23500 mark. • On the flip side 24000-24100 will act as strong resistance levels. NIFTY FUT TECHNICAL OUTLOOK • Bank Nifty is expected to open on a gap down note and likely to witness sideways move during the day. • Multiple support and previous month gap may act some kind of a support for the Bank nifty to revive. • On technical grounds, Bank Nifty has an immediate support at 54000. If Bank Nifty closes below that, further downside can be expected towards 53700-53500 mark. • On the flip side 55000-55240 will act as strong resistance levels.

Technical Morning Call 110526

11-May-26

NIFTY FUT TECHNICAL OUTLOOK • Nifty is expected to open on a gap down note and likely to witness sideways move during the day. • Strong support of 20 and 50 DMA, Alongside cluster support of 24000 would act as a very important zone . • On technical grounds, Nifty has an immediate support at 24000. If Nifty closes below that, further downside can be expected towards 23940-23870 mark. • On the flip side 24300-24400 will act as strong resistance levels. BANK FUT NIFTY TECHNICAL OUTLOOK • Bank Nifty is expected to open on a gap down note and likely to witness sideways move during the day. • Price resisted the crossover of 20 and 50 DMA signaling the present of supply. • On technical grounds, Bank Nifty has an immediate support at 55000. If Bank Nifty closes below that, further downside can be expected towards 54740-54500 mark. • On the flip side 55800-56000 will act as strong resistance levels.

Technical Morning Call 080526

08-May-26

NIFTY FUT TECHNICAL OUTLOOK • Nifty is expected to open on a negative note and likely to witness negative move during the day. • Positive crossover of 20 and 50 DMA, alongside RSI with positive crossover as well, indicating slight bullish stance. • On technical grounds, Nifty has an immediate support at 24240. If Nifty closes below that, further downside can be expected towards 24170-24100 mark. • On the flip side 24440-24500 will act as strong resistance levels. BANK FUT NIFTY TECHNICAL OUTLOOK • Bank Nifty is expected to open on a negative note and likely to witness negative move during the day. • Price closed above the 20 and 50 DMA but also broke the bullish flag pattern signaling the upcoming demand. • On technical grounds, Bank Nifty has an immediate support at 55900. If Bank Nifty closes below that, further downside can be expected towards 55740-55500 mark. • On the flip side 56400-56600 will act as strong resistance levels.

Technical Morning Call 070526

07-May-26

NIFTY FUT TECHNICAL OUTLOOK • Nifty is expected to open on a flattish note and likely to witness range bound move during the day. • Price took support of 20 and 50 DMA having a positive crossovers between them indicating slight bullish stance. • On technical grounds, Nifty has an immediate support at 24340. If Nifty closes below that, further downside can be expected towards 24270-24200 mark. • On the flip side 24500-24600 will act as strong resistance levels. BANK FUT NIFTY TECHNICAL OUTLOOK • Bank Nifty is expected to open on a flattish note and likely to witness range bound move during the day. • Price closed above the 20 and 50 DMA but also broke the bullish flag pattern signaling the upcoming demand. • On technical grounds, Bank Nifty has an immediate support at 56000. If Bank Nifty closes below that, further downside can be expected towards 55770-55500 mark. • On the flip side 56500-56800 will act as strong resistance levels.

Technical Morning Call 060526

06-May-26

NIFTY FUT TECHNICAL OUTLOOK • Nifty is expected to open on a gap up note and likely to witness sideways move during the day. • Price took support of 20 and 50 DMA with an lower shadow candlestick indicating slight bullish stance. • On technical grounds, Nifty has an immediate resistance at 24300. If Nifty closes above that, further upside can be expected towards 24400-24500 mark. • On the flip side 23970-23900 will act as strong support levels. BANK FUT NIFTY TECHNICAL OUTLOOK • Bank Nifty is expected to open on a gap up note and likely to witness sideways move during the day. • A strong support of the gap was witnessed at around 54530 level with an indecision bar indicating sideways. • On technical grounds, Bank Nifty has an immediate resistance at 55200. If Bank Nifty closes above that, further upside can be expected towards 55500-55700 mark. • On the flip side 54700-54500 will act as strong support levels.

Technical Morning Call 050526

05-May-26

NIFTY FUT TECHNICAL OUTLOOK • Nifty is expected to open on a gap down note and likely to witness sideways move during the day. • Price took support of 50 DMA with an indecision ‘Doji’ candlestick indicating slight neutral stance. • On technical grounds, Nifty has an immediate support at 24000. If Nifty closes below that, further downside can be expected towards 23900-23800 mark. • On the flip side 24270-24340 will act as strong resistance levels. BANK FUT NIFTY TECHNICAL OUTLOOK • Bank Nifty is expected to open on a gap down note and likely to witness sideways move during the day. • 20 SMA acted as strong resistance where a strong support of the gap lies at around 54530 level. • On technical grounds, Bank Nifty has an immediate support at 54770. If Bank Nifty closes below that, further downside can be expected towards 54500-54300 mark. • On the flip side 55500-55700 will act as strong resistance levels.

Technical Morning Call 040526

04-May-26

[!Attachment] NIFTY FUT TECHNICAL OUTLOOK • Nifty is expected to open on a gap up note and likely to witness sideways move during the day. • Price took support of 20 SMA with longer lower shadow positive candlestick indicating slight bullishness. • On technical grounds, Nifty has an immediate resistance at 24340. If Nifty closes above that, further upside can be expected towards 24400-24470 mark. • On the flip side 23970-23900 will act as strong support levels. BANK FUT NIFTY TECHNICAL OUTLOOK • Bank Nifty is expected to open on a gap up note and likely to witness sideways move during the day. • 20 SMA acted as strong resistance where a close above 56000 is crucial for a good break through above 50 SMA. • On technical grounds, Bank Nifty has an immediate resistance at 55740. If Bank Nifty closes above that, further upside can be expected towards 56000-56240 mark. • On the flip side 54800-54500 will act as strong support levels.

Technical Morning Call 300426

30-Apr-26

NIFTY FUT TECHNICAL OUTLOOK • Nifty is expected to open on a gap down note and likely to witness negative move during the day. • Price resisted the 50 SMA with an inverted hammer candlestick indicating slight bearishness. • On technical grounds, Nifty has an immediate support at 24000. If Nifty closes below that, further downside can be expected towards 23940-23840 mark. • On the flip side 24300-24400 will act as strong resistance levels. BANK FUT NIFTY TECHNICAL OUTLOOK • Bank Nifty is expected to open on a gap down note and likely to witness negative move during the day. • Price again entered the narrow consolidation zone of 57400-55800 level and ending with a long shadow candlestick bar. • On technical grounds, Bank Nifty has an immediate support at 55270. If Bank Nifty closes below that, further downside can be expected towards 55000-54870 mark. • On the flip side 55900-56240 will act as strong resistance levels.

Technical Morning Call 290426

29-Apr-26

NIFTY FUT TECHNICAL OUTLOOK • Nifty is expected to open on a flattish note and likely to witness range bound move during the day. • Price resisted the 50 SMA with a range bound momentum between 24400-23600 levels and ending with an inside bar. • On technical grounds, Nifty has an immediate resistance at 24100. If Nifty closes above that, further upside can be expected towards 24170-24240 mark. • On the flip side 23940-23870 will act as strong support levels. BANK FUT NIFTY TECHNICAL OUTLOOK • Bank Nifty is expected to open on a flattish note and likely to witness range bound move during the day. • Price again entered the narrow consolidation zone of 57400-55800 level and ending with a heavy supply bar. • On technical grounds, Bank Nifty has an immediate resistance at 55800. If Bank Nifty closes above that, further upside can be expected towards 56000-56300 mark. • On the flip side 55200-55000 will act as strong support levels.

Technical Morning Call 280426

28-Apr-26

NIFTY FUT TECHNICAL OUTLOOK • Nifty is expected to open on a gap down note and likely to witness range bound move during the day. • Price resisted the 50 SMA with a range bound momentum between 24400-23600 levels and ending with an inside bar. • On technical grounds, Nifty has an immediate support at 24000. If Nifty closes below that, further downside can be expected towards 23940-23870 mark. • On the flip side 24140-24200 will act as strong resistance levels. BANK FUT NIFTY TECHNICAL OUTLOOK • Bank Nifty is expected to open on a gap down note and likely to witness range bound move during the day. • Price again entered the narrow consolidation zone of 57400-55800 level and ending with an indecision bar. • On technical grounds, Bank Nifty has an immediate support at 55900. If Bank Nifty closes below that, further downside can be expected towards 55700-55500 mark. • On the flip side 56400-56700 will act as strong resistance levels.

Technical Morning Call 270426

27-Apr-26

NIFTY FUT TECHNICAL OUTLOOK • Nifty is expected to open on a gap up note and likely to witness positive move during the day. • Price resisted the 50 SMA with a range bound momentum between 24400-23600 levels. • On technical grounds, Nifty has an immediate Resistance at 24200. If Nifty closes above that, further upside can be expected towards 24270-24340 mark. • On the flip side 23940-23870 will act as strong support levels. BANK FUT NIFTY TECHNICAL OUTLOOK • Bank Nifty is expected to open on a gap up note and likely to witness positive move during the day. • Price again entered the narrow consolidation zone of 57400-55800 level causing a sideways phase. • On technical grounds, Bank Nifty has an immediate Resistance at 56840. If Bank Nifty closes above that, further upside can be expected towards 57000-57300 mark. • On the flip side 56000-55840 will act as strong support levels.

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RISK DISCLOSURES ON DERIVATIVES

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Source:

1. SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment”, wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22.