FINNIFTY FUTURES
Largo

FINNIFTY Prepare for short term rally

74
FINNIFTY technically moving with an upward trend. No major fundamentals are supporting a change in a technical pattern other than the India-Mauritious tax issue on FIIs. But it is unlikely to affect Buying at lower levels

Buy can be initiated between 21000-20500

Make sure that one can Handling 500 points of volatility

800-1000 points can be expected before 7th May 2024

Support: 20500 Resistance: 22500

By Sathish Kavinchal
SEBI Registered Research Analyst
INH200007539


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