NIFTY 14/3/2024
Overview- Adani stocks plummet as SBI file the names of electoral bond holders. India's WPI Inflation eases 0.2pc. India's retail is at 4-month-low at 5.09%.
Outlook for 15/3/2024- Nifty50 was volatile through the first half, although the move wasn't quick. It showed some recovery after the selling on Wednesday. Although we have seen that the volatility of Nifty this week has been surprising as except for Wednesday, no particular day was straight forward. Important resistance at 22204 and 22250. A demand zone is between 22100 and 22050. Direction is still unclear in Nifty and Banknifty.
Note- This is purely educational and not Investment advice.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.