Indeks Nifty 50

Nifty Short Term & Medium Term Views 14 Nov Oct 2o22

54
Nifty closed at 18349 from 18117

Go neutral ( Short Term) as strategy as market could not cross or struggle at 18475 / 18604, then sell 30 % of the equities. Use the Opportunity to review the portfolio and clean up.

Medium Term:
if it holds above the support, there might be a turnaround and may reach upto 19400+ in Medium Term.

Key Resistance at 18475 trendline/ 18560 Trendline / 18604 ( Orevious High)

On Decisive close above 18604 market may attempt 19400/19500 ( Trendline) in medium time.

On Support Side 18362 Tendline ( If market moves up), 17922 (previous close) &17870
Strategy : Medium target 19400, however there u considence fr

Penafian

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