Nifty 50, Sensex today: What to expect from the Indian stock market in trade on December 2 after Q2 GDP shocker
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3 months, 2 weeks ago

Nifty 50, Sensex today: What to expect from the Indian stock market in trade on December 2 after Q2 GDP shocker

Live Mint  

Indian stock market benchmark, the Nifty 50, may see a negative start on Monday, December 2, as indicated by Gift Nifty. The Nifty 50 rose about a per cent last Friday, reclaiming the support of the 21-day exponential moving average and forming a green candle, which indicates strength. On the higher side, immediate resistance for Nifty is at 24,350 level and the next crucial resistance zone is at 24,500-550 levels," said Shah. Yedve observed that on a daily chart, Bank Nifty produced an insider bar candle, while on a weekly scale, the index formed a Doji candle, indicating uncertainty.

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