Nifty to open gap down by 122 points at 9756: Dynamic Levels

August 12
03:41 2017

Dynamic Levels’ Market Outlook:

Markets Down Due To Geopolitical Reasons, Turnaround Expected In 2nd Half

Indian Market Outlook:

The Benchmark Index Nifty on 10th August experienced a forth day consecutive sell off and closed at 9820 after making a low of 9776. If Index sustain below its 3 week low of 9792 we might see Nifty to

further fall at 9646 levels.

Bank Nifty fell 296 points from day’s high of 24375 and close at 24217 after making low of 24078.The Bank Nifty has fallen for the third consecutive day, the Index fell 888 points in last 3 days. The Cash Market Benchmark Index Small Cap was down by 4.62% from its previous day’s close of 7516. The Index closed at 7169 after making a low of 7094.

Nifty to open gap down by 122 points at 9756 against yesterday’s close of 9878 as per SGX Nifty.

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