NIFTY 50 - 15 MIN CHART - BAHAVAN CAPITAL - 29.08.2022

NIFTY 50 as per my previous post for 26.08.2022 mentioned that there had been no aggressive buy or sell by both FII and DII.

Similarly today was an highly volatile day where from 12.15 to 3.30 pm there had been no big movement on the either side.

FII Net Selling was at 51.12 Crores and DII Net Buying was at 453.59 Crores.

Being mostly a sideways day on 26.08.2022 we should witness some better movement any one of the side by Monday.

Above 17606 then Resistance at 17663 / 17697 / 17728 / 17781 / 17800 / 17831 / 17881.

Below 17491 then Support at 17428 / 17411 / 17354 / 17303 / 17286 / 17228 / 17211 / 17167.

Nasdaq Composite and Dow Jones Index had a good Fall today (26.08.22) and there could be a similar impact on Nifty and Bank Nifty too.

However lets see where market opens.

Happy Weekend to All........