*Team Aman Chugh Financial Market Educational Updates*

*Team Aman Chugh Financial Market Educational Updates*
*View on Nifty* 🖊🔎
- On the Technical front, Nifty has formed a small bearish candle as it could not manage to sustain above 10500 level and closed marginally below the same at 10490, indicates profit booking scenario in market
- Market gyrated in a small range of 20-30 points during the first half and shed it's gain in the second half. However, it shall remain volatile ahead of december expiry due today
- Nifty has to hold 10490-10500 level to witness new levels of 10600-10700 in January expiry. It has immediate support level at 10400 and immediate resistance level at 10500. However, a correction is expected before budget to extend this bull run further to new lifetime highs
*View on USD/INR*🖊🔎
- USD INR is likely to trade between 63.80 - 64.80 range for a short-term
*Sectors to track with Positive Outlook* 🖊🔎
- Metals, NBFCs
- Auto, Reality
*Stocks to track with Positive outlook* 🖊🔎
- DLF, Voltas
- Goa Carbon, DCB Bank
Regards

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