Stock Markets on Monday - Anil Singhvi gives crucial support, resistance levels; lists these likely triggers
Nifty Support Zone - He said that the immediate support zone is between 17,775 and 17,800. If the Nifty breaches this, there will be a strong buy zone at levels between 17,600 and 17,650
Zee Business Managing Editor Anil Singhvi said that the last day of the week saw great action with the Sensex hitting a 60,000 mark. Nifty50 also touched lifetime highs on the intraday and closing basis, he added.
Meanwhile, Nifty Bank reclaimed its previous high of 38,112 in the intraday trade before settling for 37,830.30. Action was seen in the mid cap segment as well which also hit a lifetime high.
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See Zee Business Video Here:The Mid Cap and Small Cap stocks are record highs and the strength may continue though with a two way trade situation, he further said.
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