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
Latest News
India`s foreign exchange reserves stand at $657.89 b...
Haryana Minister urges Korean entrepreneurs to inves...
SEBI prohibits online platforms to solicits and sale...
Evening Roundup : A Daily Report on Bullion Energy &...
Divesting Chrome web browser to have a profound impa...
Engineering goods exports shoot past $10 bn in Oct, ...
BJP leader Kailash Gahlot meets BJP National Preside...
Advent agrees to sell Indian packaging firm to PAG f...
Rajnath Singh holds meet with his Philippines, Japan...
Prasar Bharati CEO Gaurav Dwivedi briefs about Prasa...
Top News
Markets to remain range bound
Tag News
On the higher side, immediate resistance is seen around 36000 - 36200 levels - Angel One
Nifty started the day marginally positive and traded in a range for the first couple of hours - Angel One
Quote on Real-estate sector update By Mr. Yash Gupta, Angel One Ltd
Our markets had a remarkable comeback in last four sessions as we not only managed to recover from lows but also went on to clock fresh highs - Angel One