NIFTY
5/2/2024
Overview- Adani Total Gas inks a pact with INOXCVA to strengthen LNG ecosystem in India. Paytm in talks to sell-off wallet business to Jio amidst regulatory heat. Chinese manufacturing grew by 52.7 in January.
Outlook for 6/2/2024- Nifty50 remained sideways throughout the day with a quick selloff during the last hour. Market has taken the support from 21730 levels and looks to test the resistance of 21950 again. Direction is unclear at this moment. Important support levels at 21730 and 21446. Important resistance levels at 21951 and 22124.
Note- This is purely educational and not Investment advice.