Stock Market Update for 19/06/2023
Last week due to change in plan i hadn't posted the blog here after it will be posted correctly. Last weekend Nifty had broken the region of consolidation and had moved higher. Now Nifty will have support level at 18750 and resistance level near all-time high once Nifty broke the level it will form new all-time high. Last week due to continuous buying of Institutions Nifty had moved higher. Foreign Institutions had been net buyers they had bought above 700cr, and our Domestic Institutions had bought above 600cr. Last weekend US market had ended in red, and all other global markets ended in green. SGX Nifty and Nifty Futures indicating gap up or flat opening. Nifty will soon hit new all-time high let's wait and watch what will happen.
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