NIFTY 50 VIEW
Nifty 50 (11355)
▪Nifty yesterday gave a gap down opening due to negative global news on Turkish currency and maintained the gap with a doji candle formation closing .
▪Another gap down or gap up can decide the further trend in market in coming days.
▪Sgx is trading at +1 indicating flat opening.
▪11340 zone is the positional support if holds and resumes it can fill yesterday's gap of 11406-11419 and nifty can climb higher.
▪Trading below 11340, indicates 11290-11240 on the way.
Nifty 50 (11355)
▪Nifty yesterday gave a gap down opening due to negative global news on Turkish currency and maintained the gap with a doji candle formation closing .
▪Another gap down or gap up can decide the further trend in market in coming days.
▪Sgx is trading at +1 indicating flat opening.
▪11340 zone is the positional support if holds and resumes it can fill yesterday's gap of 11406-11419 and nifty can climb higher.
▪Trading below 11340, indicates 11290-11240 on the way.
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