Nifty 50 IndexUpdated

Nifty Outlook 18th Sep 2023

Very high volume, bullish kicker candle, 3.7% fall in Indiavix in the last trading session, all indicates that the uptrend is likely to continue but cautiously since crude is at all time high. Markets may see a more confident movement post the Fed's meeting this week.

Likely range for the day - 20074/20307
Trade closed: target reached
Nifty faced strong resistance at 20200. The forecasted range was adhered to.

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