RAHULPOKAR

NIFTY CONSOLIDATION MODE

RAHULPOKAR Updated   
NSE:NIFTY   Nifty 50 Index
NIFTY

Nifty as per daily chart has a support at 17150 where again buying will be seen and resistance at 18100 to 18150.
In this fall nothing to worry just calm and accumulate good scripts.
And as per charts Nifty looks to be sideways/consolidating for few months.

When the Resistance of 18100 to 18150 gives a BO then be ready for More upward move upto
18500 / 18750 / 19000 + +
with a view of medium to long term perspective

All charts posted here are only for EDUCATIONAL PURPOSE

Before entering into any Trade / Investment Position kindly consult your Financial Advisor
Comment:
#Nifty
Yesterday Nifty Closed Below 17150
So it looks Bearish Up to 16760 to 16750 as of now & which is again a good support
Until #Nifty does not close above 17430 the upward rally is limited
Comment:
#Nifty Today #Bounced from the level 16760 - 16750 as mentioned on 27-9-2022 and closed near its recent #resistance level of 17200 and close above and sustaining above 17200 will again lead to upward move. Friends this is a drop where good quality and futuristic #Large Cap Stocks, #Mid Cap stocks and #Small Cap Stocks can be #accumulated as during the post covid run up few of us missed the #rally, so Supreme is giving a good chance for those who have missed out the rally and have faith in India's Growth which has a long way to go.
And as said earlier on 17-09-2022, Nifty is still in Consolidation Mode and no need to worry in this dips as its giving a good chance to accumulate good quality stocks like #RELIANCE #BHARTI AIRTEL #BAJAJ TWINS #HDFC #ICICI BANK #KOTAK BANK #SBI #ADITYA BIRLA CAPITAL LTD #ASIAN PAINTS #BERGER PAINTS #PIDILITE #TCS #INFY #TECHM #KPIT #COFORGE #TATA ELXSI #TAMO #BHARAT FORGE #M&M #AMARA RAJA BATTERIES #LT FOODS #NHPC #GRASIM #INDIA CEMENT #DIVISLAB #DR REDDY and many more
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