Outlook of Nifty & Bank
Nifty Today
Nifty Outlook:-
Markets continue
to trend lower after opening gap down with the
Nifty closed at 10500.30 down -234.85. The selloff
in the markets was in tandem with the correction seen in global equities as
skepticism about the US-China trade agreement along with the disappointing US
jobs data reported on Friday weighed on investor sentiment.
Nifty Future Support-Resistance
R1/R2
10600/10750
S1/S2
10450/10340
Bank Nifty Outlook:-
Bank Nifty shed
nearly 2 percent. Weak global cues, reactions to exit polls as well as weak
macro data weighed Index. Sell-off in the global markets and due to uncertainty
over the outcome of state assembly elections, due on Tuesday.
Daily Chart:
Missed call
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