Fintoo

Market Morning Notes For 2nd August 2022


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A move above 17250 is seen as a booster dose for bulls as call writers are expected to do a major short covering despite any lower opening.


A breakout in the Nifty 50 equal-weighted index on a weekly closing basis has major significance as most buying algos are expected to take Nifty towards Oct’2021 highs of 18612.


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