Monday, 9 April 2018

Outlook Of Nifty Today

Nifty: 
Nifty Outlook 
Nifty gave a strong recovery in the afternoon trade on Friday after witnessing a gap down opening as and closed on flat note but registered gains of 2.15 percent for the week ended April 6th investors remained cautious after sentiment soured on renewed fears of a trade war after US President Donald Trump proposed more tariffs on China. The index closed above its psychological support level of 10300 as well as above 200 daily moving average. For now 10500 will act as an immediate resistance while on lower side 10120 is support.


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