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You are here : IndiaNotes >> Market Action >> Fundamental

Nifty May Take Support Of Its 2 Day Low Of 10028

Dynamic Equities Pvt Ltd | 14 Sep, 2017  | Follow Author | Add to my Favourites 
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The benchmark Index Nifty made a high of 10132, however missed to touch it’s all time  high of 10138. The Index opened at 10099 and closed at 10079 after making a low of  10063.


The market witnessed a sell off in the 2nd half of the market from 2:10 PM, the  Index fell by 46 points from day’s high.  Bank Nifty Index took resistance of its 5 week high of 24979 and made high of 24949. The  Index closed at 24832 after making a low of 24738.


IDFC Bank was up by 1.50%, Bank of  Baroda zoomed by 1.37% and PNB Bank 1.31%. The stocks which pulled down the Index  were Federal Bank which was down by 1.31%, Yes Bank fell by 0.63% and Kotak Bank  declined by 0.16%.


The Small Cap Index made new all time high of 8041 and closed at 7934 after making low  of 7915. The Index fell by 126 points; the next important support for the Index is at 7856.


Nifty to open gap up by 3 points at 10094 against yesterday’s close of  10091as per SGX Nifty. 


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About Dynamic Equities Pvt Ltd

Dynamic Equities Pvt. Ltd. is a a SEBI Registered Investment Advisor and Stock Broker, a leading financial services provider, and one of the major players in the Equity markets in India. With an experience of over 15+ years in Stock Markets and Equity Research, they provide daily updated Support & Resistance of 4200 instruments across 93 exchanges and 56 countries globally. They have an in-house team of over 25 analysts. Under the guidance and mentorship of Mr. Shailesh Saraf, MD of Dynamic Equities Pvt. Ltd., these analysts are dedicately involved in guiding their clients and users of the website www.dynamiclevels.com for trading in the market. Mr. Shailesh Saraf has an experience of over 24 years in the financial market, especially in capital & derivatives market operations, trading, research and management related areas. Dynamic Levels is a website owned by Dynamic Equities Pvt. Ltd. The website can be reached at www.dynamiclevels.com.


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Disclaimer: The author has taken due care and caution to compile and analyse the data. The opinions expressed above are only the views of the author, and not a recommendation to buy or sell. Neither the author nor IndiaNotes.com accept any liability whatsoever arising from the use of any of the above contents.




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