@AlliesFin
Nifty expected to open soft on global equity cues.
Watch circa support zone 10230-10179 and June contract end account volatility. For Nifty to resume its uptrend resistance zone of 10342- 10450 remains crucial.
Bank Nifty goal post of 21165 and 21807 remains as the short term breakout / breakdown points.
US markets fell on Wednesday on rising cases and some doubts on reopening. Most indices fell between 2% to 3% with Russell 2000 falling close to 3.5%.
Markets would be watching bank stress slated for today.
Crude futures fell sharply as the global growth concerns resurfaced, WTI trades below 39 and Brent near 40. CBOE Vix rose close to 34, dollar index once again rose above 97 and US 10 year fell to 0.67
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