Thursday 2 August 2018

Nifty daily report : 2nd August 2018


NIFTY DAILY TECHNICAL REPORT
Current Level: 11281.40
Support: 11048.20-11119.70-11197.20-11275.80
Resistance: 11346.20-11416.50-11495.20
Weekly View:
·       Sellers will be there below the immediate support of 11275.80 to 11232.30 and 11197.10.
·       Bearish trend will be there only below 11197.10 till tomorrow.
Intraday volatility will rise till Monday due to Trump and his trade war. Global factors will affect the Indian stock indices more than domestic factors. FII inflows continue to be positive.  Trend on Monday close will set the short term direction.

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