The Market Commentary for September 27, 2023, and the projected NIFTY levels for September 28, 2023. Here's a breakdown of the information:
September 27, 2023:
NIFTY closed at 19716.45.
NIFTY's highest point during the day was 19731.
NIFTY's lowest point during the day was 19554.
The commentary notes that NIFTY remained within the range of the first resistance and support levels on this day.
Projected NIFTY Levels for September 28, 2023:
Support levels: 19536 and 19274.
Resistance levels: 19723 and 19888.
The commentary provides potential support and resistance levels for September 28, 2023. It also mentions that tomorrow is the monthly expiry of futures and options, which can lead to increased volatility in the market.
As always, traders and investors should exercise caution during volatile periods and consider risk management strategies. Market conditions can change rapidly, especially during expiry days, so staying informed and adaptable is important.
September 27, 2023:
NIFTY closed at 19716.45.
NIFTY's highest point during the day was 19731.
NIFTY's lowest point during the day was 19554.
The commentary notes that NIFTY remained within the range of the first resistance and support levels on this day.
Projected NIFTY Levels for September 28, 2023:
Support levels: 19536 and 19274.
Resistance levels: 19723 and 19888.
The commentary provides potential support and resistance levels for September 28, 2023. It also mentions that tomorrow is the monthly expiry of futures and options, which can lead to increased volatility in the market.
As always, traders and investors should exercise caution during volatile periods and consider risk management strategies. Market conditions can change rapidly, especially during expiry days, so staying informed and adaptable is important.