Pre-Market Update - July 10th
Nifty / Bank Nifty, Stocks In News

Nifty 1 Hr Timeframe Analysis

Nifty closed at 19331.80(-0.85%). Nifty traded found support on zone around 19333 as described in the last blog.

As Nifty rejected from ATH level and gapped up zone near 19215 on the downside can work as support while 19484 zone may work as resistance on the upside.

Bank Nifty 1 Hr Timeframe Analysis

 Bank Nifty closed at 444925(-0.92%). BN gapped down from the resistance zone of 45300 as described in yesterday's blog.

 BN may face resistance at the zone of 45600 on the upside while 44798 may work as a support level on the downside.

Stocks in News

• Veeram Securities Ltd Q1 FY2023-24 net profit at Rs. 54.69 lakhs
• Emerald Finance Ltd reports net profit of Rs. 85.83 lakhs in Q1 FY2024
  
• Gala Global Products Ltd Q1FY24 PAT at Rs. 17.76 lakhs
• Som Distilleries and Breweries Ltd approves preferential issue to promoters, non-promoters

Sector Heat Map 

Heatmap from Trendlyne website

Analysis by
Dixit from MT Team
Equity Research Analyst (Technical & Fundamental). Experienced Index Analyst.