Stock Market Update for 25/04/2023
Yesterday Nifty had huge volatility it had started with a gap up and started falling after 12pm it started raising and ended in green. It was a super breakout so Nifty has new resistance level near 17800. Once it breaks 17800 it will go further up. Foreign Institutions are still in selling side they had sold above 400cr, and Our domestic Institutions had bought above 1100cr. Yesterday Global markets are mixed and US market had ended in green except Nasdaq. Today SGX Nifty and Nifty Futures indicating gap up opening let us wait and see whether the gap will sustain, and Nifty will make a big move.
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