Short Overview: Not one, but two prominent promoters - the government of India and ICICI Bank are looking to cash-in on the buoyancy. Nifty may see large resistance near 18150 level; volatility index staying firm isn't a major fear factor as yet.
Trade Setup 27 August 2021 -
Not one, but two prominent promoters - the government of India and ICICI Bank are looking to cash-in on the buoyancy. Nifty may see large resistance near 18150 level; volatility index staying firm isn't a major fear factor as yet. FIIs turn net sellers for two consecutive days; derivatives expiry and pre-budget nervousness may impact long
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- Not one, but two prominent promoters - the government of India and ICICI Bank are looking to cash-in on the buoyancy.
- Nifty may see large resistance near 18150 level; volatility index staying firm isn't a major fear factor as yet.
- FIIs turn net sellers for two consecutive days; derivatives expiry and pre-budget nervousness may impact long
- 4 Nifty earnings and Fed Meet outcome tomorrow; Investors have a lot to consider today.
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