Nifty Forecast: We did have new highs punched out, crossing the 18,000 mark on the Nifty and the 60,000 mark on the Sensex too. But those were brief taps to high levels that didn’t last. In fact for the Nifty it was just an opening tap so, it is a theoretical high rather than a traded high.
Nifty Technical Outlook: The market struggled a bit during the week but finally hoisted itself above the weekly pivot by the end.
HERO OR ZERO INDEX OPTION – BUY BANKNIFTY 34600 PE ABOVE 27 TRG 80-140—164—244 SL 00
SGX Nifty: Asian stocks saw muted trading Wednesday after their U.S. peers retreated from all-time highs, with investors awaiting a policy decision from the Federal Reserve. Crude oil traded at the highest since 2018.
Nifty This Week: Technical Charts: So, the new high on the Nifty 50 was finally in. It was, as we had been discussing over the past few weeks, more a question of when rather than if. This is why we had asked readers to just stick with it and ride over the noise of the short term.
BUY BANKNIFTY 33000 PE ABOVE 390 TRG 650-900 SL PAID