NIFTY View For 05/09/2024

Manas Jaiswal Research Analyst Image

Yesterday, NIFTY opened with a downside gap but found support near the 25,100 mark and started forming higher tops and higher bottoms on the intraday chart. It ultimately ended just below the 25,200 level.

NIFTY has key support in the range of 25,100 - 25,000, and the trend is expected to remain bullish as long as it trades above the 25,000 mark. We continue to maintain our target of 25,650.

Nifty Imp Levels For 05/09/2024

Open 25089
High 25216
Low 25083
Close 25198
S 1 25116
S 2 25033
R 1 25248
R 2 25298

Actionable Ideas On Nifty for 05/09/2024

Action SL TGT
Buy above 25250 25190 25375
Sell below 25080 25151 24950
Show Timings
Manas Jaiswal Technical Research Group