Banknifty for analysis for tommorow.
If bank nifty opens flat or -, this can give us an immediate sell of even till 32000. I am expecting a recovery in Indices by end of the day as everyone plans for the result season.
Markets will have to be analyzed in a live session as we are coming after a weekend. Overall there is negative sentiment in India due to the Covid-19 surge and 1,50,000+ cases daily. Furthermore, on the positive side, IT companies are expected to report extremely good results. Let us see how markets react. Markets are currently waiting for a trigger to go on the upside. Maybe it could be the earnings. Who knows!
Markets will have to be analyzed in a live session as we are coming after a weekend. Overall there is negative sentiment in India due to the Covid-19 surge and 1,50,000+ cases daily. Furthermore, on the positive side, IT companies are expected to report extremely good results. Let us see how markets react. Markets are currently waiting for a trigger to go on the upside. Maybe it could be the earnings. Who knows!
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