- Previous day Nifty spot closed at 11535
- Previous day Nifty futures closed at 11564.70
- Previous day Bank Nifty spot closed at 23874.55
- Previous day Bank Nifty futures closed at 23920.75
- At 8:00 AM SGX Nifty is flat
- At 8:00 AM Dow futures is flat
- At 8:00 AM Comex gold is at 1952
- At 8:00 AM Comex silver is at 27.73
- Supreme Court to continue hearing Loan moratorium matter today also
- Keep Banks/NBFCs on radar
- August class 8 Truck order numbers are good. Hence, Bharat Forge, RK Forgings, GNA Axle, Motherson Sumi should be tracked
- Dollar Index rose aroung 0.5% yesterday. Better to get cautious on metal stocks for the time being
- Nifty monthly CE 11600 & CE 12000 should be tracked for better clarity
- Bank Nifty at higher levels should face resistance
- USDINR 72.5-73 still holds
Disclaimer:
This information is for educational purposes and is not an investment or trading recommendation nor to be representative of professional expertise. All examples and analysis are intended for educational purposes and should not be considered as specific investment or trading advice. The risk of loss in trading equities, options, futures, forex or any other financial products can be substantial. Past performance, whether actual or simulated, is not indicative of future results. By viewing this blog you agree that any decision to purchase or sell any financial product is the sole responsibility of the person initiating such a transaction. Trading Sensation is not responsible for your decisions or their consequences. This blog is for educational purposes only.
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