Daily Nifty View

Valuemulticaps Nifty View for - 08 Mar 2021 Nifty 50 15044.7 (+ 106.6) Updated On 08 Mar 2021 11:25:06 AM   

NIFTY strong open for the week. 15050 PCR now 0.49 till below 0.65 NIFTY 15070 will act as resistance, above it 15120 target seen if PCR above 0.7. 15000 Highest OI PE shows PCR 0.96 & Pe add 50% more than CE. So expect 14980 major support. Sideways to negative trend can be seen till 11.30am.

Banks mostly PSU,Energy,Metals lead today, FMCG,IT down today. Gail.Ibulhsgfin,Ongc,Bharatforg Price volume Gainers Muthootfin& Indigo down with volumes.

Most Index heavyweight stocks performing. HUL& Bhartiartl not performing. NIFTY Advances: 75% Declines 25%.