BMA Wealth
Download Mobile Trading App
Research

For Monday, October 23, 2017, the trend deciding point for the day forNifty emerges at 10155mark. The first weekly support stands at 10200mark. Onits down move Nifty is expected to take support in the band of 10200 mark. Ifthis mark is broken due to strong selling pressure, then the next support isexpected to emerge at 10159 mark, the second weekly support. But this will bepossible only if there is a sharp down move. On ascent, the first resistanceexists at 10312mark, the second weekly resistance. A sharp up move can makenifty cross this level and make it reach to 10352mark, the third weeklyresistance. An intermediate resistance stands at 10276mark.If there is not much demand, then Nifty can reverse from here for downside,instead of 10312mark.

 

ForMonday, October 23, 2017,the trend reversal point for Nifty stands at 10142 inspot. Any close BELOW 10142 in spot on Monday will change the trend in Nifty toNEGATIVE. Again, that for BankNifty, this level stands at 24724 in spot. This implies that a close ABOVE 24724on Monday for Bank nifty in spot will change the trend in that index in to POSITIVE.

Amplify your growth prospects and success meter with our accurate in house research
Plan and evaluate your strategy with BMA Wealth Creators’ suite of investment research tools, which is renowned for its superior research quality. Its fabulous accuracy rate and profit percentages lets you analyze investment performance and market conditions while propelling you towards your goals.

RESEARCH DESK: Suited for investors of all levels, BMA Wealth Creators’ Research Desk offers timely information and technical analysis of the markets with reports like:   Pick of the Week and Metals & Energy covering beat of markets for quantitative and technical information, and Equity Evening Wrap and Currency Corner for in-depth, technical market commentary to help you evaluate trading strategies for different market conditions.

  • morning-on
    Morning Brief
  • morning-on
    Equity Evening Wrap
  • morning-on Metals & Energy-
    Market Outlook
  • morning-on Currency Corner
  • morning-on Special Report
  • morning-onFundamental Report
Get your daily shot of market news and insights, before the bell rings, with our daily Morning Briefs. You can use it to monitor volume, view the day’s highs and lows, and see which stocks and sectors are on the move—all in one place
CUSTOMIZED SUPPORT: Learn how answers to a few simple questions can generate a list of potential investment choices. Free guidance from BMA Wealth Creators’ team of experts will help you research different choices of investments that may be just right for you!
 1860-3000-1099
 Customercare@bmastock.com
  • Investors can lodge their complaints at investor.complaints@bmastock.com
  • SEBI Regn. No : NSE: INB231233132 | NSE FO : INF231233132 | NSE CD: INE231233132 | BSE: INB011233138 | NCDEX : 00523 | MCX : 28055
  • Copyright © 2016 BMA WEALTH CREATORS LTD. All rights reserved Designed, developed & powered by C-MOTS Infotech (ISO 9001:2008 certified)