StreetView for 28th March

StreetView for 28th March

Here is the today’s streetView update, Let’s checkout

Global cues for today : Major global indices were Mixed as of Friday’s trade, US Markets ended lower, European markets were up and Asian markets were mixed.

SGX Nifty trading at 17250 levels indicating flat to positive opening for Indian indexes.

Crude Oil and Gold are trading lower in early hour trades where as USD is trading higher.

News :

  • Ukrainian President Zelenskyy discusses upcoming talks with Russia
  • Over 10,000 hectares of forest around Chernobyl nuclear plant set on fire: Report
  • Germany Says NATO Not Seeking Regime Change In Russia
  • Russian Foreign Minister Lavrov may visit India this week
  • Fresh Covid-19 cases in India dip for ninth week in a row
  • Bharat Bandh on March 28, 29: Banking, transport & other services likely to be hit

Technicals for Index Fututers :

Nifty FUTURE Level for 28th March, Monday : As of Last session’s trade Nifty Futures traded below resistance level so outlook is bearish for Monday until it breaks higher levels. It may find Resistance and remain weak until it trades below 17308-17338 levels . Support may come close to 17040-17070, 16910-16880 Levels.

Bank Nifty FUTURE Level for 28th March, Monday : Bank Nifty needs to take out 35795-35845 Levels for any further up move. Until then it may remain weak on Monday. If Broken above these levels it may change the sentiment to bullish and any down move may get support at lower levels. Possible support levels at 35200-35160, 35050-35000 .

Here are the 15 Min charts of both the indices :

Nifty


Bank Nifty

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Disclaimer: The views are in line with the pure chart study, no pre-defined geopolitical factors are considered. Also, we strictly advise not to take any positions just based on the above views. For regular intraday recommendations, you must have our premium subscription

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