01-01-1970 12:00 AM | Source: Angel Broking Ltd
Closing market comment By Mr. Yash Gupta, Angel Broking Ltd
Below are Quote on Closing market comment by Mr. Yash Gupta Equity Research Associate, Angel Broking Ltd
Nifty volatility has increased significantly, Nifty opens in red and then recovered but in the last 2 hours of the trading session nifty saw a heavy selling pressure and then made a low of 14605. Nifty corrected more than 200 points from the day's high even India VIX has also been trading at the important market of 23.
We don’t suggest investors buy on dips as nifty has rallied from 14150 levels and at this point in time valuations are also on higher sides.
We suggest 14500 will be a good opportunity to buy on dips and on up side nifty will face resistance at 15000 levels.
Above views are of the author and not of the website kindly read disclaimer
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On the higher side, immediate resistance is seen around 36000 - 36200 levels - Angel One
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Quote on Real-estate sector update By Mr. Yash Gupta, Angel One Ltd
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