Morning Release for 23 May 2019
Nifty traded in a close band for the session with final closing at the levels of 11737. The markets are expected to remain highly volatile. The resistance will be at 11790-11860-11920 and support will be at 11630-11566-11478.
The markets faced selling pressure ahead of election results due on Thursday, May 23, 2019.
Markets remained sideways to bearish with the broader NSE Nifty closing at 11737. Among the top gainers, INDUSINDBK recorded an upside of 5.54% to ₹1528.00, SUNPHARMA up as much as 3.46% to ₹423.00, and BAJAJ-AUTO up as much as 2.51% to ₹3053.00.
Pivot Levels for 23 May 2019