Main Takeaway: SGX Nifty may have shrugged off Moody's rating downgrade for India, but investors may remain cautious ahead of market opening ... Recent support suggests 16400–16370 getting defended successfully, remains key level for .
Trade Setup 2 June 2022 -
SGX Nifty may have shrugged off Moody's rating downgrade for India, but investors may remain cautious ahead of market opening ... Recent support suggests 16400–16370 getting defended successfully, remains key level for . While quant indicators point to a bounceback opportunity, risk-reward remains in balance.
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- SGX Nifty may have shrugged off Moody's rating downgrade for India, but investors may remain cautious ahead of market opening ...
- Recent support suggests 16400–16370 getting defended successfully, remains key level for .
- While quant indicators point to a bounceback opportunity, risk-reward remains in balance.
- Nifty remains rangebound with a negative bias; 16800 is a key support to watch out for.
- Bulls hopeful as long as remains above the sacrosanct support of 16500–16400.
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