BASIC2BEMISAL | NIFTY I BANKNIFTY | BTST πΆβΊοΈπ
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Indian Equities Expected to Open Lower Amid Geopolitical Tensions
Global markets are under pressure as tensions in the Middle East continue to escalate, impacting equity index futures. Asian markets saw significant cuts, with South Korea and Taiwan underperforming for the second consecutive session. US equity index futures are trading in the red, with concerns over prolonged conflict and inflationary effects.
Key sectors to watch: Healthcare and Oil upstream stocks are likely to be in focus, while Aviation, Paint, selective Metal, Auto, and Financial stocks may remain resistive.
GIFT NIFTY: 24450.0 (-532.0, -2.13%)
Technical Levels:
Nifty Near Future:
- Support: 24410 /24285
Bank Nifty Near Future:
- Support: 59460 /58900
- Resistance: 60285 /60345
Nifty Made low 25550 from our short level 25657, 1st tgt achieved
Banknifty made low 61156, from our short level 61453, Nr. 2nd tgt achieved
Nifty made low 25391, from our short level 25482. 1st tgt achieved. ππππ
Banknifty made low 60935 from our shot level 61206. Near 2nd Tgt. Achieved ππππ
Update:
Nifty made low 26620.30 from our short level 25708.
Banknifty made 61020, from short level 61270.
Enjoy profile ππππ
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