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For a further up-move, the index needs to close above a bearish gap created on September 21 in the 19,850-19,900 zone for a move towards the 20,000 mark, whereas on the lower side, the immediate support will be at 19,600, followed by 19,500, experts said
Vodafone Idea share price: On BSE, around 11.16 crore shares changed hands today. This was way more than the two-week average volume of 4.67 crore shares. Turnover on the counter stood at Rs 130.62 crore, commanding a market capitalisation (m-cap) of Rs 57,539.39 crore.
Overall, the index has still been in the range with 19,750-19,800 likely to act as a crucial resistance as breaking of the same can drive the Nifty50 towards 20,000 mark, whereas 19,500 is expected to be immediate support and 19,200 may be crucial support for the index, experts said
Since the broader markets are overstretched, failing to clear the high might trigger some profit-booking. Traders should remain extremely stock-specific and follow strict stop-losses, advised experts
Amid positive global cues, bullish momentum drives benchmark indices to new highs. The Sensex and Nifty have gained, with auto and PSU banks up 1 percent. Traders are advised to buy on intraday dips, focusing on psychological support levels at 20,000, while also considering potential resistance at 20,200 and 20,450.