Good Morning and Wish You a Happy Trading Session ….
Post
AGM (42nd, after IPO) expectation was very high from Reliance.
And
the Price of the share fulfilled it. Share price of this stock jumped 12.11%
(from previous closing) in single session.
Although
having a weightage of Reliance is 9.31% on the Nifty 50, Nifty fall sharply
yesterday.
And that
was not the expectation of investors.
Key Support-Resistance level of Nifty Future
Below 11862,
wait for another round of panic selling at Nifty Future. If able to sustain the
level and take a bounce back then there is some hope for bulls.
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