Stock Market Live Updates: Sensex fell 400 points, Nifty opened below 23200, pressure in Axis Bank, Infosys, RIL rose 4% – live stock market today jan 17 updates bse nse sensex nifty latest news reliance industries infosys axis bank ltimindtree havells hfcl astrazeneca share price

Stock Market Live Updates: Strategy on Nifty

Anuj Singhal said that the first support is at 23,272 (yesterday’s low) while the major support is at 23,130-23,150 (Tuesday and Wednesday’s low). The first resistance is at 23,400-23,500 (yesterday’s peak, 10 DEMA) while the major resistance is at 23,500-23,600 (Options Zone). Do not jump into any trade in the first hour. If you have long carried then set a strict stop loss of Rs 23,130. Take a new long deal only after crossing 23,300. If 23,130 is broken then be ready to short also.