The Market Commentary for October 10, 2023, and the projected NIFTY levels for October 11, 2023. Here's a summary of the information:
October 10, 2023:
NIFTY closed at 19689.85.
NIFTY's highest point during the day was 19718.
NIFTY's lowest point during the day was 19565.
The commentary notes that on this day, several sectors showed gains, including PSU banks (up 2.08%), the metal sector (up 2.05%), realty (up 4.01%), auto sector (up 1.24%), and financial services (up 1.23%).
Projected NIFTY Levels for October 11, 2023:
Support levels: 19660 and 19548.
Resistance level: 19778.
The commentary provides potential support and resistance levels for October 11, 2023. It suggests that the first support level is at 19660, with the next support level at 19548. The resistance level is noted at 19778.
Traders and investors can use these levels as references when making trading decisions, but it's essential to consider other market factors and implement risk management strategies as needed. Market conditions can change, so staying informed is crucial.
October 10, 2023:
NIFTY closed at 19689.85.
NIFTY's highest point during the day was 19718.
NIFTY's lowest point during the day was 19565.
The commentary notes that on this day, several sectors showed gains, including PSU banks (up 2.08%), the metal sector (up 2.05%), realty (up 4.01%), auto sector (up 1.24%), and financial services (up 1.23%).
Projected NIFTY Levels for October 11, 2023:
Support levels: 19660 and 19548.
Resistance level: 19778.
The commentary provides potential support and resistance levels for October 11, 2023. It suggests that the first support level is at 19660, with the next support level at 19548. The resistance level is noted at 19778.
Traders and investors can use these levels as references when making trading decisions, but it's essential to consider other market factors and implement risk management strategies as needed. Market conditions can change, so staying informed is crucial.