Nifty Continues To Be Choppy | Market

Oil prices slide.

Nifty Futures contracts and Bank Nifty Futures contracts continued to long unwinding.
US stocks plunged on Tuesday.

Global equities have been shaken as a flattening U.S. Treasury yield curve fans worries about a recession
SGX Nifty indicating a weak start for the Nifty50
Dollar struggles amid declining U.S. Treasury yields
Both FIIs & DIIs net sell side yesterday
All eyes on RBI monetary policy meeting. The minutes of the meeting will be announced at 2:30 pm on Wednesday.
At initial trade Nifty continues to be choppy.
In last one hour there would be a sharp move in either side.
Nifty likely to face resistance at 10860 and support at 10780.

Nifty formed Doji Candle on the daily charts.
A Doji represents the equilibrium between supply and demand in the markets.
This signal is distinct in that prices open and close at or near the same level, indicating indecision of investors.

Disclaimer: The views expressed by investment expert on https://www.rollnreel.com are his own and data available from nseindia.com. Rollnreel.com advises users to check with certified experts before taking any investment decisions.