Flash Update Nifty50 Today Open- 9919.35, High- 9943.35, Low- 9726.35 and Last- 9805

Flash Update Nifty50 Today Open

Flash Update14:40: Nifty50 Open- 9919.35, High- 9943.35, Low- 9726.35 and Last- 9805. Nifty took support at our range for the day and bounced almost 150+ points. Technically though we may say this as a decent enough bounce, we still look it as a dead-cat-bounce only.

Nifty if manages a close above 9866-9872 can revisit 9944, 9976, 10020 and 10078. If Nifty closes below 9814 we can see selling pressure to test again till 9711-9722. If Nifty closes in between we will have a swinging market between 9722-9966. Remain light on positions or hedge yourselves.

Detailed update will be shared post market hours.