WEEKLY RESISTANCE FOR NIFTY:10500,10600,10700
PIVOT POINT: 10400
WEEKLY SUPPORT FOR NIFTY : 10300,10200,10100
WEEKLY CHART FOR NIFTY
Happy Diwali week! The index continues to enjoy its Bull Run despite some in between hiccups. The benchmarks clocked their best weekly rally in two years after stocks extended gains globally as the boost to sentiment came after Bloomberg News reported U.S. President Donald Trump is interested in reaching an agreement on trade with Chinese President Xi Jinping at the Group of 20 nations summit in Argentina this month and has asked key officials to begin drafting potential terms. For the week Sensex surged 4.98 percent and the Nifty 50 Index rose 5.2 percent. Trading for the week began marginally higher as indicated by the Nifty. Subsequently, we saw immediate drop in initial five minutes of trade.
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