Friday, 26 May 2017

26th May 2017- OPENING BELL >> Multibaggers At Correction. GST To Play Its Role, Opportunity To Buy

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Yesterday, Indian Benchmark Index Nifty opened at 9411, made a high of 9432 and closed at 9361 after making a low of 9342. Selling pressure was witnessed after a gap up opening of 25 points from its previous day close. The index closed below its previous week low of 9390.

Bank Nifty traded weak throughout the day. The index made a high of 22673 and closed at 22536 after making a low 22470. Bank Nifty has closed below its 2 week low of 22578.

Small cap Index continues its fall for 5th consecutive day.The index opened at 7086 and closed at 6934 after making a low of 6904. The index is trading below its monthly low of 7007.

Nifty Future Nifty to open gap up by 45 points at 9,410 against yesterdays close of 9364 as per SGX Nifty.

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