Daily Report : Benchmark index is likely to trade with mild | TradePik by Replete Equities

Daily Report :

Benchmark index is likely to trade with mild positive bias and breakout above 14750 level is likely to trigger further upside. Nifty has support at 14550-14450 and resistance at 14750-14900 level.

Banking index is likely to trade with positive bias; it has support at 33700-33500 and resistance at 34800-35000 level.

HINDALCO has closed with bullish candlestick above 21 EMA with volume support. It is likely to continue its upside momentum today as well.