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Index Outlook For 19th May 20

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Indian shares suffered another loss on May 18 with the Nifty touching 8,806 on the downside.

With this, the Indian market extended losses into the third consecutive day.

The Nifty settled at 8,823.25, slipping 314 points, or 3.43 percent.

Nifty Future Intraday Level for 19th May 20

Resistance 1- 8867
Resistance 2- 8927
Resistance 3- 8993

Support 1- 8974
Support 2- 8735
Support 3- 8685

Bank Nifty Future Intraday Level for 19th May 20

Resistance 1- 17725
Resistance 2- 17884
Resistance 3 – 18017

Support 1- 17451
Support 2- 17250
Support 3- 17077

Note – Levels May subject to Gap up and Gap Down Opening.

Thanks!

ProCapitas Market-Pro Team

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