Friday, 10 March 2017

Nifty Future to open at 8975, up 19 points: Dynamic Levels

Nifty Future is opening at 8975 as per SGX Nifty at 8:15 am IST, 19 points above its previous close of 8956, says Dynamic Levels. 

Market may remain volatile ahead of Fed Int. policy & UP elections exit poll

Indian Market Outlook: On March, the Indian Benchmark Index Nifty traded in a narrow range of 46 points. Nifty opened at 8915, made a low of 8900 and closed at 8927. The immediate support level of Nifty is at 8860 which is its current month low. The resistance level of Nifty is at 8993.

Bank Nifty too traded in a range of 176 points yesterday, the index made a high of 20780 after making a low of 20604. Bank Nifty closed at 20721, 44 points above its previous day’s close of 20677.

Small Cap Index, yesterday opened at 6600, made a high of 6635, but could not sustain and closed at 6604 after making a low of 6590. The major resistance level of Small Cap is at 6775, which is its all time high.

Nifty Future is opening at 8975 as per SGX Nifty at 8:15 am IST, 19 points above its previous close of 8956.

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