Morning Release for 22 May, 2018
Nifty turned completely bearish for the session and ended the session in the negative territory with a change of -0.75% at the levels of 10517. Markets are expected to show a volatility with an immediate upside resistance of 10575-10620 and a support of 10480-10436.
Indian shares ended lower for a fifth straight session on Monday, with the NSE index closing at its lowest level in more than a month, as political turmoil in the southern state of Karnataka unnerved investors.
The broader NSE Nifty closed 0.75% lower at 10516.70, while the benchmark BSE Sensex fell 0.67% to 34616.13. The BSE closed at its lowest level since April 25.
Pivot Levels for 22 May, 2018