Monday, August 8, 2022

morning thoughts...

We are now into a truncated week of trading with index likely to trade in a range with consolidation finding supports at 17300 on nifty and 37600 on bank nifty with viable resistances at 17600 and 38500 on the higher side
Stock specific and sectoral moves to continue with broader markets likely to remain in a range 
Weakness is likely in oil and gas with strength in capital goods , banks and auto sector with selected realty

Trending move ahead after 11 august in nifty and bank nifty