Pre-open Market probe 14-08-2023 - 13 August 2023

Pre-open Market probe 14-08-2023

Nifty Performance: - Market open in a flat or with little gap down as US market give a sideways closing, - Spot chart has crossed below the important 19,434 level, and it can further go down by 19318 price level. - Adani Port news on As auditor has quit due to some red flag concerns and lack of clarity could be the main reason for the dip in nifty Banknifty Performance: - Bank Nifty spot chart is at the strong support zone. - It has good chances that it may go in the upside or it may cross the demand zone depending on the global markets ques. which can act as a bearish reversal for the Investors or Traders.SEBI Research Analyst Registration No.: INH200009351 We provide research and not advisory services. This means that we do not engage in financial planning or risk assessment for our customers. Our services are same for every customer as set forth by SEBI RA (Securities and Exchange Board of India Research Analyst) guidelines