Levels mentioned in the chart!
Big accumulation happening - Levels mentioned in the chart!
When ever pharma index has reversed from the 8200 levels It has moved 1000 points easily. Keep key stocks in pharma in your watch list.
Levels mentioned in the chart!
For the last few years PSU bank index moved in tandem with SBI. SBI raises - PSU Bank Index raises SBI Falls - PSU Bank Index falls. While PSU bank Index fallen 500 points (14%) from March 2019 SBI has just fallen 20 points (6%) from March 2019 Even though BankNifty is beaten down SBI is standing tall. Expecting a good move in SBI after election.
In this dance of nifty - 11108 - is an crucial level. Closing below this will give bears upper hand and will take nifty to 10600 levels. For bulls to take control of the market it should close above 11320 levels. Lets wait and watch!
Levels mentioned in the chart!