Stock Market Update for 18/08/2023
Yesterday Nifty had started with gap up and started falling at the end it ended in red. Nifty has huge support near 19300 and has resistance near 19500. Yesterday Foreign Institutions had again started selling they had sold above 1500cr, and our Domestic Institutions had also sold above 300cr. If FIIs continues to sell market will turn into bearish. Yesterday Majority of the global markets were ended in red in US Markets all indices are ended in red. Today Majority of the Asian Markets are opened in red SGX Nifty indicating flat or gap down opening. Let's wait and watch what will happen.
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