Thursday, March 18, 2021

NIFTY PREDICTION FOR 19 MARCH 2021


To Get More Details Whatsapp On 9039542248 💬📱

Market ended lower in the fifth straight session on March 18 amid spiking US bond yields. Today the market failed to show resilience to stay above the level of 14750. At close, the Sensex was down 585 points at 49216, while Nifty was down 163 points at 14557. 

As of now, the short-term technical condition of the market shows that the expected range of the market is likely to be between 14500 and 14800. While it is subject to further price action evolution, it is prudent to wait for volatility to subdue and technical factors to improve before attempting to build short to medium term investments. As such we retain our cautious stance, until further improvement and breakout seen above 14900-15000 mark.

More about intraday tips Whatsapp On 9039542248

Resistance: 14600, 14800, 15000

Support: 14400, 14200, 14000

No comments:

Post a Comment