Bank Nifty & Nifty Cues for the Day

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CUES FOR TODAY:

- SGX Nifty -50 Pts 
- Nifty -100 Pts from 16690 high y'day.
- Wall St ends -0.6% lower after a long weekend
- FIIs sell 1004 Cr in Cash; 1174 Cr in Index Fut
- FII Longs drop to 51% from 56%
- FY22 GDP grows 8.7%
- Crude drops to $116/bbl
- May Auto Sales Today

INDEX VIEW

Nifty 
Support - 16424
Resistance - 16694

Bank-nifty
Support - 35128
Resistance - 36141

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