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NIFTY Setup for 20-Sep-2022 | Pre Market Report 20-Sep-2022

  • NIFTY 50 shown strong bullish reversal as sentiment turned positive. Downtrend changes.
  • if NIFTY 50 crosses above 17667, Trend change confirmed and rally starts. Targets 17810.55 and 17929.30.
  • If NIFTY 50 fails to cross 17810.55 and falls below 17663.78,
  • then the trend may change and the price may be pulled to 17573.05 and below.
  • NIFTY 50 price bandwith shrinks 26%
  • Previous Close: 17622.25 (91.40)
  • Sellers Zone: 17663.78 - 17667.20
  • Resting Zone: 17548.45 - 17597.65
  • Buyers Zone: 17429.70 - 17482.33
  • Resistances: 17663.78, 17719.83, 17810.55
  • Supports: 17482.33, 17426.28, 17335.55

 


Disclaimer: These are only suggestive technical rules that have been found to work well over time in the market. These are not any trading or investing recommendations. We suggest you to take advice from certified experts for trading and investing. Neither PickMyStox nor any of its associates are responsible for any trading or investing loss.

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