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Daily Technical Report For 24/06/2022

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Yesterday NIFTY started the day on a positive note and jumped above the 15500 mark in early trade. It tested the 15600 mark but could not sustain on higher levels and fell sharply. But after making a low of 15367, it recovered smartly and finally ended above the 15550 mark. We may see further recovery and NIFTY can test 15700 and if it sustains above that then it can  test its 20DEMA, which is placed near 15900. On the down side, the range of 15350 - 15300 will play as an important support. 

Today's Picks On 24/06/2022

Share Market Daily Picks Manas Jaiswal

Indian Hotel

Buy

  • 223.50
  • SL: 218
  • TGT: 233
Share Market Daily Picks Manas Jaiswal

Ashok Leyland

Buy

  • 139.65
  • SL: 135
  • TGT: 147

Nifty Imp Levels For 24/06/2022

Open 15451
High 15628
Low 15367
Close 15556
S 1 15406
S 2 15256
R 1 15667
R 2 15778

Actionable Ideas On Nifty for 24/06/2022

Action SL TGT
Buy above 155630 15549 15800
Sell below 15350 15426 15200
Show Timings
Manas Jaiswal Technical Research Group