Stock Market Update for 06/03/2023
Last Friday Nifty had huge recovery its above 1.5% in a single day. It started with a gap up there it went up. Nifty is now in a range bound of 17400-17800 where 17400 act as a support and 17800 acts as a resistance. Last Friday Foreign Institutions had bought above 200cr, and our Domestic Institutions had bought above 2000cr. Last Friday not only our market US Market also had huge recovery. Today SGX Nifty and Nifty Futures indicating gap up opening above 100 points and Global Market looking good so our market will become bullish soon. Hope everything goes well, and Nifty will soon hit 18000.
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