nifty prediction

Market closed positive, Nifty Prediction for Tomorrow

After 4 days of consecutive decline, the market closed on green today. There was strong growth seen in the market today, but all sharpness is closed at the end of the market. Sharp fall in rupee and GST is not passed in Monsoon session this two reasons leads to create pressure in the market. One Dollar price has gone beyond Rs 65. SENSEX touched a low of 27496.29 and Nifty decline up to 8339.75, in today volatile session. The market has led to a lower level, but the boom could not sustain for long time. Although the market has seen green most of the time today. Nifty closed at 8355.85 up 0.0...
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Nifty Future Prediction for Tomorrow

Nifty August future derivatives closed in bearish sideways trend, Change in Open interest -3.16%. The Nifty Aug series is trading at 18.7 Rs premium to Underlying. The open interest is according with the trend. at current price strike the activity tilted towards put side. Nifty Put option Open interest increased 24.42% and Nifty call option open interest increase 61.51%. We can see Nifty future Resistance at 8431.80, 8495.40 and 8533.80 if it will open above 8393.40, below this level it may take support at 8329.80, 8291.40, 8227.80.
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