Pre Market - Snapshot - 02/09/2021


 

The Indian stock market is expected to open flat as trends on SGX Nifty indicate a cautious opening for the index in India with a 8-points gain.


The BSE Sensex fell 214.18 points to 57,338.21, while the Nifty50 declined 55.90 points to 17,076.30 and formed a bearish candle on the daily charts as the closing was lower than opening levels.


According to pivot charts, the key support levels for the Nifty are placed at 17,012.27, followed by 16,948.33. If the index moves up, the key resistance levels to watch out for are 17,182.97 and 17,289.73.

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