NIFTY: The NIFTY opened at 19433.45 with a gap up of 91 points. The index continued moving higher but soon found resistance around and turned down after recording its intraday high at 19452.80.Prices moved in a sideways manner and slowly inched downwards. Around 02:00 PM the Index saw…
NIFTY: The NIFTY opened at 19374.85 with a gap up of 68 points. The index could not move further up and started drifting downwards after recording its intraday high at 19377.90 in its initial trades. Prices have seen a sharp decline and then started a process of consolidation.…
NIFTY: The NIFTY opened at 19298.35 with a gap up of 33 points. The Index initially moved lower for the first 15 minutes of trading, found support around 19250, and then moved up. Prices have recorded Its Intraday low at 19249.70 and saw a sharp Intraday rally. Prices…
NIFTY: The NIFTY opened at 19297.40 with a gap down of 89 points. The Index initially moved higher and tried to fill the gap but found resistance quickly and turned down. Prices have recorded its intraday high at 19339.55 and saw a sharp decline. Prices have recorded its…
NIFTY: The NIFTY opened at 19535.15 with a gap up of 91 points. The index continued its bullish momentum and moved higher for the first hour of trading but could not reach 19600.The index found resistance and then started drifting downwards in a V-shaped manner. The decline lasted…
NIFTY: The NIFTY opened at 19439.20 with a gap up of 43 points. The index could not sustain at the higher levels and started drifting downwards from its opening tick. Prices have filled the gap and then found support around 19400. The index formed a consolidation that broke…
NIFTY: The NIFTY opened at 19417.10 with a gap up of just 24 points. The index initially moved higher but found resistance before reaching 19450 and started drifting downward. Prices recorded its intraday high at 19443.50 and saw a sharp downside move but then turned around quickly. Soon…
NIFTY: The NIFTY opened at 19320.65 with a gap up of just 10 points. The index initially moved higher but found resistance quickly and started drifting downward. A decline found support near the previous day's closing price and then the index started moving higher after recording its intraday…
August 21, 2023
THE NIFTY AND NIFTY BANK ENDED THE WEEK ON A NEGATIVE NOTE
NIFTY: The NIFTY opened at 19301.75 with a gap down of 64 points. The index initially moved higher but found resistance quickly and started drifting downward. A decline came which found strong support around 19250 and then prices moved up but soon formed a range. That range broke…
NIFTY: The NIFTY opened at 19450.55 with a minor gap down of just 15 points. The index initially moved lower after recording its intraday high at 19461.55 in its initial trades. A sharp decline came followed by a consolidation process which broke on the downside and the index…