Wednesday 28 March 2018

Support Shifts Higher To 10,100 In March Expiry Which Is Positive For Bulls

Posted by suhani varma on Wednesday, March 28, 2018 with No comments



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The Indian equity benchmarks Nifty50 and the S&P BSE Sensex managed to close in green for two consecutive trading sessions on the back of improving global sentiments as trade war fears eased.

Traders also took positive cues from the surprise cut in the government's borrowing programme for the next financial year.

After a gap up opening, Nifty traded flat for most of the day and managed to close above its 200-DMA (10,178) with gains of 0.53 percent at 10,184.15; forming a Doji Candle pattern on the daily scale.

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