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Pradeep Carpenter

20th Jul · SEBI-Registered Analyst

Morning Market Insights:

Indian Markets will react on the ongoing US-Iran conflict at the start of te trade with stock specific action continuing in the mid and small cap space. The overall sentiment is expected to remain cautious to bullish for the day with support for the index pegged around 23950 and 24050 while 24400 and 24500 remains resistance zones. Bank Nifty is also expected to consolidate further in the near term tracking cautious global cues and stock specific action within the index. The index is having crucial support zones of 57700-57900 below which the next small support is around 57500 while 58700 remains resistance for the day. Key stocks to watch today:

ULTRACEMCO
, Paytm,
HINDZINC
, Hindustan Copper, Rallis India and
SOBHA

#EquityResearch#StockInNews#Today’sTradingSetup#IndexStrategies#TrendingSectors
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