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Index Outlook For 9/4/20

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Nifty resumed its downward trend continuing from March on April 8, tracking weak global cues amid rising uncertainty and worries over the coronavirus pandemic.

The Indian market remained on the volatile track and gave up all gains of the morning session, following a negative opening in the European markets.

NIFTY INTRADAY LEVELS 

RESISTANCE 1 – 8885
RESISTANCE 2 – 8961
RESISTANCE 3 – 9038

SUPPORT 1 – 8697
SUPPORT 2 – 8639
SUPPORT 3 – 8563

BANK NIFTY INTRADAY LEVEL

Resistance 1 – 19078
Resistance 2 – 19238
Resistance 3 – 19468

Support 1 – 18716
Support 2 – 18474
Support 3 – 18208

NOTE:
Levels will change subject to Gap up and Gap Down Opening.

Thanks!

ProCapitas Market-Pro Team

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