Daily

Daily Market Update Report 23-08-2019


Nifty opened on a subdued note but selling intensified as the day progressed which led the indices to close near days low. On the daily chart, we are observing strong bear candle which suggests that momentum on the downside is likely to continue.

 

In coming trading session if nifty opens up in the range of 10758 – 10808  then one can go short with a stop loss of 10850 for a target of 10663 – 10618 - 10546 levels. 

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