Stock Market Update for 17/05/2023
Yesterday Nifty started with a gap up and started falling it had felled more than 100 points in single day. After reaching the level of 18450 it started falling so 18450 will act as huge resistance and 18200 will act as huge support. Yesterday Foreign Institutions had been net buyers they had bought above 1400cr, and our Domestic Institutions had been net sellers they had sold above 800cr. Yesterday Majority of the global markets had felled Including US and European markets. Today SGX Nifty and Nifty Futures indicating a flat or gap down opening once it opened it may take any directions mainly downside because today majority of markets are in red side. So let us wait and watch what will happen.
Comments
Post a Comment