Stock Market Update for 06/04/2023
Yesterday Nifty had started with a gap up and started raising the raise was nearly 1%. Nifty has a support level near 17400 and resistance level near 17800. Our Domestic Institutions had become net sellers they had sold above 900cr, after consecutive buying DIIs turns net sellers in recent day which indicates markets are in safe side. Yesterday Foreign Institutions had bought above 800cr which means market is in long side. Yesterday US and European Markets had felled but its usual after raising market will show some kind of fall. SGX Nifty and Nifty Futures indicating flat or gap up opening today Nifty will trade in the range for this week. Today is an weekly expiry and next market will open only after three days so market will have huge volatility. So let us wait and see what will happen today.
Comments
Post a Comment