Stock Market update for 01/08/2023
Yesterday Nifty had started with a gap up and started falling in the beginning after 15min it started raising and ended in green. Nifty has support level near 19700 and resistance level near 19850. Yesterday Foreign Institutions had been net sellers they had sold above 700cr, and Our Domestic Institutions had bought nearly 2500cr. Yesterday majority of Global Markets had ended in green in US Markets all the indices had ended in green. Today majority of the Asian markets are in red SGX Nifty and Nifty Futures indicating gap up opening. FIIs turned sellers in recent days if they continue to sell there will be trend reversal. Let's wait and watch what will happen.
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