Daily Nifty50 Analysis

NSE:NIFTY   Nifty 50 Index
Overview- Bitcoin grabs the headlines as it moves to record levels of 71000. Japanese economy ducks recession, although results not impressive. SBI has been ordered to disclose the identity of political donors and encashment by the political parties.

outlook for 12/3/2024- Nifty50 remained bearish but trading was not easy at all, the market went down very slowly and did not provide any spike in premiums. Mostly traders who use "buy and forget" strategy would have made money. Important resistance levels at 22425 and 22460. Important support at 22300 and 22260.

Note- This is purely educational and not investment advice.


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