Stock Market Update for 22/05/2023
Last weekend Nifty had started with started with gap up and started falling and had huge volatility and ended in green. Nifty still having resistance level near 18300 and has support level at 18100. After long time Foreign Institutions started selling, they had sold above 100cr, and our Domestic Institutions had bought above 1000cr. Last weekend majority of the global markets are ended in green expect US Market. Today Majority of the Asian markets are in mixed SGX Nifty and Nifty Futures are indicating gap opening. Nifty still in the zone of consolidation once it breaks the support or resistance it makes a sure move. Let us wait and watch what will happen.
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