NIFTY SPOT VIEW-25TH AUGUST 2022
Well today finally market controlled by the Bull and close near day high.24th trading session was also too much volatile finally bull controlled the market and it manage to close higher.Buying seen on Banking,Financial and Reality sector’s stocks.RBL and IDFCFIRST Bank given good break out.I will suggest buy on dips on those stocks until changed the main trend of market,Bhartiairtel was also good for yesterday trading session.Private sector bank was given lot of buying oppertunity into the market,those are waiting for little investment they can invest now with proper stop loss.
If nifty able to trade 17630 then I will go for long on nifty because minor trend will changed again and it will join the main trend again. If it is happened in the market then next resistance for nifty around 17875-18140 and support stand around 17340.
26th August and 31st August are next pressure dates for nifty also Nifty’s stocks some stocks may create bottoms and tops around the dates.
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