Mid Market Update 08 SEP 2021

2021-09-08 13:50:30 By Somesh

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PSU Banks rally ahead of Cabinet meet. Broader market outperforms. Bank, metal stocks in demand.

INDIA VIX fell 0.84% at 14.77.

 NIFTY near 17300 (PCR-1.17)

Immediate support is around 17350, below this level index will touch its downside support levels 17300/17250.

Upside resistance is around 17450/17500 level.

Bank Nifty(PCR-1.02)

Major support level is around 36700. Below this price will move towards downside for the immediate support 36500/36300.

Upside resistance is around 37140/37300 level.


BODA SOMESHWAR 
TECHNICAL ANALYST


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