Share Market Tips for – Wednesday, September 02, 2020

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Last Trading Session: Indian Stock Market opened gap positive exactly as anticipated. Indian Stock Market closed positive for the day. Market Today: Indian Stock Market would open flat. Market would still see sideways movement until Nifty and BankNifty are in opposite zones. If Nifty closes above 11617 then traders can start fresh long in the market and if BankNifty closes below 23703 then traders can start fresh brief positions however till then trade with very small quantities.

Nifty:.

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FIIs were net purchasers of Rs.486.09 crores whereas DIIs were net sellers of Rs.775.23 crores in the money market for the last trading session. Nifty would see strong support at 11430-11400-11365-11300 whereas strong resistance would be seen at 11500-11555-11600-11682 levels. EquityPandits assistance and resistance levels always fulfill accuracy and thus traders are recommended to follow them for great earnings.

NSE BankNifty: (23812) The assistance for BankNifty is 23658-23550-23465-23330-23240 and the resistance to the up move is 24075-24200-24270-24440.

BankNifty:.

Last Trading Session: Indian Stock Market opened gap favorable precisely as anticipated. EquityPandit forecasted that Indian Stock Market would stay extremely volatile as the Supreme Court would provide its AGR Verdict and exactly the exact same took place. Indian Stock Market stayed extremely unpredictable throughout the day. Market moved sharply favorable and saw highs right near EquityPandits predicted resistance levels of 39240 for Sensex. Bharti Airtel, Bajaj Finance and Asian Paints, Tata Steel were the leading gainers for the day whereas ONGC and Axis Bank were the top losers for the day. Indian Stock Market closed favorable for the day. Nifty closed right at EquityPandits anticipated resistance levels of 11470 like a dot.

Market Today: Indian Stock Market would open flat. Market would still see sideways movement till Nifty and BankNifty are in opposite zones. If Nifty closes above 11617 then traders can initiate fresh long in the market and if BankNifty closes below 23703 then traders can start fresh short positions however till then trade with really little quantities.

Check out: AGR Case: SC Gives Telecom Firms 10 Years to Pay Dues.

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BSE Sensex: (38901) The support for the Sensex today is 38785-38660-38500-38340 and the resistance to the up move is at 39075-39240-39380-39465 levels.

NSE Nifty: (11470) The support for the Nifty is 11430-11400-11365-11300 and the resistance to the up relocation is at 11500-11555-11600-11682.

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