What happened in last 24 hours:
1. SP500 Index (USA) finished near best levels driven by Big Tech companies.
2. Indian Economy grew at 8.4% in the last quarter beating estimates (as per Govt data)
3. Lithium Futures are soaring in China.
4. FIIs+DIIs have started the new month Index Futures series with large number of Net Short positions.
It is expected that Nifty50 and Sensex both will end the day on positive note if no significant negative news comes during market hours. Nearest Resistance for Nifty50 stands at 22092 and nearest Support is at 21897.
Happy Trading.
1. SP500 Index (USA) finished near best levels driven by Big Tech companies.
2. Indian Economy grew at 8.4% in the last quarter beating estimates (as per Govt data)
3. Lithium Futures are soaring in China.
4. FIIs+DIIs have started the new month Index Futures series with large number of Net Short positions.
It is expected that Nifty50 and Sensex both will end the day on positive note if no significant negative news comes during market hours. Nearest Resistance for Nifty50 stands at 22092 and nearest Support is at 21897.
Happy Trading.
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Our Telegram Channel: @CheetaTrader
join to complete FREE TRAINING on how to use the indicators effectively and then request @jellygill for FREE TRIAL