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Market Morning Notes For 28th July 2023
Markets reacted to sharp selling from FII in the futures segment with FII selling Rs 8,000 crore and Rs 4,000 crore in the cash segment forcing Nifty to re-test 19,600 with the formation bearish engulfing line on a daily candlestick chart. For Indian markets, key levels to watch would be the USDJPY movement as a fall in USDJPY would have enough potential to force the Nifty below 17,000.
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By FintooMarkets reacted to sharp selling from FII in the futures segment with FII selling Rs 8,000 crore and Rs 4,000 crore in the cash segment forcing Nifty to re-test 19,600 with the formation bearish engulfing line on a daily candlestick chart. For Indian markets, key levels to watch would be the USDJPY movement as a fall in USDJPY would have enough potential to force the Nifty below 17,000.
Visit us at https://www.fintoo.in Contact us at +91 9699 800 600 Join us on WhatsApp: https://bit.ly/Connect_on_Whatsapp Follow us on Facebook: https://www.facebook.com/fintooapp/ Insta: https://www.instagram.com/fintoo.app/ LinkedIn:http://bit.ly/Fintoo_linkedIn Twitter: https://twitter.com/FintooApp Blog: https://www.fintoo.in/blog/
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