The Reality Check:
FD aapke paise ko badhane ke liye nahi, sirf safe rakhne ke liye thik hai.
Mehangai ke is zamane mein, 100% "safe" rehna hi sabse bada risk hai!
Yesterday nifty took support exactly at the support of 23072 and recovered but couldn’t sustain at higher levels.
Today as well nifty looks weak but support level remains the same. If this support is broken expect further lows next week.
Nifty is likely to give negative start and is likely to follow its downtrend. Support is at 23072. However, due to selling pressure these supports may not hold. Every rise is an selling opportunity.
Nifty is likely to give negative start and is likely to follow its downtrend. Support is at 23072. However, due to selling pressure these supports may not hold. Every rise is an selling opportunity.
Gift Nifty is another 180 points down.
If nifty open gap down it will break a crucial support level
23150 to 23260 is a gap up zone. Both levels could act as support levels.
Resistance 23730
Gift Nifty is another 180 points down.
If nifty open gap down it will break a crucial support level
23150 to 23260 is a gap up zone. Both levels could act as support levels.
Resistance 23730
Big Boost for Equities on the Cards?
If implemented, LTCG relief and tax cuts could serve as the perfect catalyst to reverse persistent FPI selling and spark a strong bullish rally on Dalal Street.
Will a cut in LTCG bring the bulls back instantly?
Gift nifty is indicating flat start for nifty.
Brent is at 84
Nifty needs to break 24090 to breakout from the downward trajectory
Support remains the same as earlier.