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Sunday, March 22, 2020

NIFTY upcoming views 23.3.20



On thursday (expiry) huge sell off happened and NIFTY made new low at 7816.45 ..

On friday Central bank, Govt and Rbi steps helped indian market to recover more than 7% high in single day where closing is 5.85% high

On friday evening USA market DOW lost more than 900 pts (4%) down on last mins of session

China declared no new death for 2 days but in USA cases are increasing drastically high. More than 13000 new cases found in just 1 day.

Even while ASIAN looking nothing bad, USA market looking trouble...

We are strongly suggesting to maintain the level 7815 as SUPPORT. Breaking below is very dangerous leads to huge sell off