Wednesday, February 26, 2020

Nifty breaks below 11,600: 5 factors that could be weighing on market

Nifty breaks below 11,600: 5 factors that could be weighing on market The Nifty50 broke below 11600 levels in intraday trade on Thursday. The index is now trading below its crucial support of 11614 (swing low of Budget Day), as well as 200-Days SMA placed at 11685.

from Moneycontrol Market Outlook https://ift.tt/2HZWoKS

No comments:

Post a Comment

FIIs ease bearish bets post-Budget, but charts warn of range-bound Nifty: Anand James

Foreign investors are reducing their negative bets on the market after the Budget. However, the market's overall sentiment remains delic...