Date 14.07.2026
NIFTY OUTLOOK: 24211.00 FII 3062.27 cr DII 2171.70 cr
As discussed yesterday market behaviour remained on the expected lines during the day, as re strike of buyers were take the nifty rally to day High of 24000.20 i.e. near to our level of 24008.
Further a bullish candle appeared on daily chart of nifty suggest buyers has restricted the sellers to take the nifty down, hence if nifty is getting supportive buying then on decisively breakout of 24277 it may rally upto 24343 to 24410. If more demand will accentuate then it may have chances to test 24475.
However for down side 24145 to 24079 may act as immediate supports for the nifty, if break through below these supports and sustain may drift down the nifty upto 24013 to 23947.
Bank Nifty OUTLOOK:
SPOT: 58131.45 Pcr: 0.97 Max Ce OI on 59000 & Max Pe OI on 58000
On July 13, 2026, a Bank Nifty index was closed at 58131.45 (85.55) (0.15%). The total movement in the index was 727.85 during the trading session. The index made a high of 58219.90 and a low of 57492.05.
Technical view:
Important support and resistance level of Bank nifty are 57485 and 58605 respectively.
Intraday Support and resistance level of Bank nifty are 5793 and 58330 respectively.
The Relative Strength Index (RSI) for the Nifty Bank index at 59.0. Below 30 is considered oversold and above 70 overbought.
Bank nifty Day SMA Analysis
Bank nifty is trading above 8 out of 8 SMA’s (5, 10, 20, 30, 50, 100,150, 200 Day).
Bank nifty is trading below 0 out of 8 SMA’s.
No active Candlestick Pattern was identified in bank nifty on daily chart.
Important Pivot Point Levels for Today
Nifty
| S3 | S2 | S1 | Pivot | R1 | R2 | R3 |
| 23794.6 | 23897.4 | 24054.2 | 24157 | 24313.8 | 24416.6 | 24573.4 |
Bank Nifty
| S3 | S2 | S1 | Pivot | R1 | R2 | R3 |
| 56947.85 | 57219.95 | 57675.7 | 57947.8 | 58403.55 | 58675.65 | 59131.4 |
By Ashok Bhandari (RA)
SEBI Regd. No. INH00019549


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