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04-08-2022 09:37 AM | Source: Swastika Investmart Ltd
Nifty is witnessing profit booking for the last three trading sessions where 17625 is the immediate support level - Swastika Investmart
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Technical Outlook:

Nifty (Spot):

Nifty is witnessing profit booking for the last three trading sessions where 17625 is the immediate support level where we can expect a bounceback towards 17800/18000 levels while if Nifty slips below 17625 then 17525/17430 are the next important support levels.

Bank nifty (Spot):

Banknifty is trying to find support around the 37500 level which is a gap area created on Monday. If it manages to sustain above 37500 level then we can expect a bounce

 

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