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Market Commentary for August 16, 2023
NIFTY
, 1DShort
NIFTY: Market Commentary for August 16, 2023

The NIFTY index concluded the trading day at 19,434.55 points, displaying a mixed performance characterized by a rebound from its intraday low. The market exhibited a dynamic session, with the index touching a high of 19,466 and a low of 19,258. Amidst this backdrop, a few key observations and insights emerge: 1. Recovery from Intraday Low: The trading session...

Nifty 50 Levels
NIFTY
, 15Short
NIFTY: Nifty 50 Levels

NIFTY closed at 19428.30. The high of the day was 19558, and the low was 19413. The price range for the day was 145 points. Market Sentiments and Supports: The overall market sentiments are described as weak, and it's noted that all supports are breaking easily. This suggests a bearish sentiment in the market, with sellers having the upper hand. Strong Support...

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