The Indian stock market is expected to open in the green as trends on SGX Nifty indicate a positive opening for the index in India with a 22 points gain.
The BSE Sensex declined 8.41 points to 37,973.22 on September 29 while the Nifty50 fell 5.10 points to 11,222.40. According to pivot charts, the key support levels for the Nifty is placed at 11,167.13, followed by 11,111.87. If the index moves up, the key resistance levels to watch out for are 11,291.53 and 11,360.67.
BankNifty is poised to break its short term resistance.
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Santhosh Kumar V