Key Events This Week: Stay Updated with These Important Market Milestones
1- Fed Chairman Testimony: US Congress to Hear Address on Monetary Policy Direction.
2- US Housing Data: Insights into the Health of the Housing Market.
3- Bank of England Policy Announcement: Decisions Affecting the UK Economy.
4- UK CPI and PPI Data: Tracking Consumer and Producer Price Inflation Trends.
Stay informed and watch out for market reactions!
Support Range: 43675-43825
Strong Buying Zone: 43400-43525
Resistance Range: 44075-44175
Profit Booking Zone: 44275-44425
Key Indicators on June 19, 2023 (Monday) Show Changes in FIIs Long Positions, Nifty PCR, Nifty Bank PCR, and India VIX
1. FIIs Long Positions: Reduced from 52% to 55%
2. Nifty PCR: Increased from 1.13 to 1.29
3. Nifty Bank PCR: Increased from 0.66 to 0.99
4. India VIX: Increased by 2.1% to 10.84
Support Range: 18690-18775
Strong Buying Zone: 18600-18660
Resistance Range: 18865-18900
Profit Booking Zone: 18950-19025
Note: These figures are provided for study purposes only.