Today the markets remain volatile and both benchmark indices closed with significant losses for the fifth straight day. The Nifty settled at 4566, down by 69 points whereas Sensex closed around 15175, down by 201 points. Only FMCG was the sector to close in positive and Metals and Capital goods were the worst performers of today's trading session.
Nifty Futures settled at 4566, down by -69.35 points or -1.50 %. In the coming trading session Nifty is expected to be bearish if it manages to trade below the support level of 4530 else above the resistance level of 4640 it would be in an upward trend.
Resistance: 4640 - 4850.
Support: 4530 - 4340.
Bank Nifty Futures settled at 7797, down by -126.70 points or -1.60 %. In the coming trading session Bank Nifty is expected to be bearish if it manages to trade below the support level of 7750 else above the resistance level of 7980 it would be in an upward trend.
Resistance: 7980 - 8080.
Support: 7750 - 7650.
Nifty Futures settled at 4566, down by -69.35 points or -1.50 %. In the coming trading session Nifty is expected to be bearish if it manages to trade below the support level of 4530 else above the resistance level of 4640 it would be in an upward trend.
Resistance: 4640 - 4850.
Support: 4530 - 4340.
Bank Nifty Futures settled at 7797, down by -126.70 points or -1.60 %. In the coming trading session Bank Nifty is expected to be bearish if it manages to trade below the support level of 7750 else above the resistance level of 7980 it would be in an upward trend.
Resistance: 7980 - 8080.
Support: 7750 - 7650.
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