NIFTY View For 27/09/2023

Manas Jaiswal Research Analyst Image

Yesterday, NIFTY opened on a flat note and thereafter the entire day it was trading in a narrow range and finally ended almost flat. NIFTY has already corrected 61.80% of its entire rally from 19223 to 20222. Now on the downside, the range of 19600 to 19550 will play as an important support. On the upside it has resistance at 20DEMA, which is placed at 19760, thus fresh longs should be taken only above 19760.   

Nifty Imp Levels For 27/09/2023

Open 19682
High 19699
Low 19637
Close 19664
S 1 19634
S 2 19605
R 1 19696
R 2 19729

Actionable Ideas On Nifty for 27/09/2023

Action SL TGT
Buy above 19700 19650 19800
Sell below 19590 19651 19475
Show Timings
Manas Jaiswal Technical Research Group