Today’s Market outlook ?

For Monday, on the lower side, 22,720 will act as an immediate support level. If Nifty breaks and sustains below this level, it may slide to the next crucial support at 22,584, where buying is expected. However, if it closes and sustains below this, it will open the door to 22,010.
On the upper side, 22,861 will act as immediate resistance, where selling is expected. If Nifty crosses and sustains above this level, the next resistances will be 23,000 and 23,049.

2) The bull-bear fight continues with lot of volatility to conquer decisive levels….lot of stocks flipping between green and red….let clear direction emerge…no adventures

Stay broadly in cash in satellite portfolio. I am waiting for signs of reversal/uptrend. Thanks.

ALPINEFINSERVE.COM

VIVEK SHAH

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