"In this blog post, I am sharing my short-term analysis. Readers may consider taking positions based on their own risk management strategies. It's important to note that I am not a SEBI registered advisory."
Friday, December 1, 2023
Market View
Hello everyone, here's the weekly outlook for Nifty. As we enter the month-end of the financial year for FIIs, Nifty is currently at a high, with positive global cues. The index is closing strongly on a weekly basis, and it is anticipated that Nifty could reach around 20,465, with good support at 19,850. However, it's worth noting that there might be a chance for selling during December and January due to the financial year-end.
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Nifty Analysis
The Indian market has been bullish since last March, with NIFTY gaining 26%, BANKNIFTY rising by 26%, MIDCAP surging 50%, and SMALLCAP incr...
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"I see the next resistance at 21,840 levels. Nifty is currently in an overbought zone. Trade according to your plan."
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The Indian market has been bullish since last March, with NIFTY gaining 26%, BANKNIFTY rising by 26%, MIDCAP surging 50%, and SMALLCAP incr...

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