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Dauly market analysis Tag

Daily Market Analysis

Pre Market Analysis – 1st Dec 2021

byfintooDecember 1, 2021

Markets turned wildly volatile on Tuesday with Nifty making sharp U-turn after initial rally towards 17300 and finally ending in the negative terrain at day’s low. The Bank Nifty has confirmed major breakdown below crucial 200 DMA of 35700 on closing basis thus opening gates for 25-30% cut in the near term. Going forward, markets are likely to shift gears for a speedy decline with broader...