Daily Market Insight - 17th July 2026 by Motilal Oswal Wealth Mangement Ltd
Nifty Technical Outlook
NIFTY (CMP : 24072 ) Nifty immediate support is at 23950 then 23850 zone while resistance at 24250 then 24400 zones. Now it has to hold above 24000 zones, for a bounce towards 24250 then 24400 zones while supports can be seen at 23950 then 23850 levels.
Sensex Technical Outlook
Sensex (CMP : 77186) Sensex support is at 76700 then 76500 zones while resistance at 77700 then 78000 zones. Now it has to hold above 77000 zones, for a bounce towards 77700 then 78000 marks while a hold below the same could see weakness towards 76700 and then 76500 zones.
Bank Nifty Technical Outlook
BANK NIFTY (CMP : 57582) Bank Nifty support is at 57250 then 57000 zones while resistance at 58000 then 58250 zones. Now it has to hold above 57500 zones for a bounce towards 58000 then 58250 levels while on the downside support is seen at 57250 then 57000 zones.
Midcap100 Index Technical Outlook
• Index is hovering near important levels.
Smallcap250 Index Technical Outlook
• Index is consolidating in a range.
Technical Stocks On Radar
INFOEDGE
(CMP: 1207, Mcap Rs 78,261 Cr.)
• Stock is on the verge of pennant breakout.
• Stock is sustaining above 20 DEMA.
• RSI is trending upward.
• Immediate support at 1165
SONACOMS
(CMP: 683, Mcap Rs 42,605 Cr.)
• Stock has given consolidation breakout.
• Sustaining above 20 DEMA.
• RSI has given positive crossover with surge in volumes.
• Immediate support at 660.
For More Research Reports : Click Here
For More Motilal Oswal Securities Ltd Disclaimer
http://www.motilaloswal.com/MOSLdisclaimer/disclaimer.html
SEBI Registration number is INH00000041
.jpg)
