Nifty 50 Index

Nifty - Weekly Analysis Sep 22 - Sep 26

1 939
The price is moving within a channel and is testing an important support level at 25350. It can give good movement by sustaining above 25350.
Buy above 25350 with the stop loss of 25290 for the targets 25400, 25460, 25500, 25560, 25620, 25680, and 25740.
Sell below 25240 with the stop loss of 25280 for the targets 25200, 25160, 25100, 25040, 25000, 24960, and 24920.
As per the hour chart, 25300 is a strong support. Any strength around this level can make the price to move towards 25800. snapshot
Always do your analysis before taking any trade.
Note
Nice channel move. snapshot

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