ifty has risen and closed greater final week consistent with our expectation. We retain our bullish view on the #Nifty to see extra rise from right here.
NiftyBank however is struggling to rise. Nonetheless, the index has robust helps that may restrict the draw back. So, we count on the #NiftyBank index additionally to meet up with the Nifty and see a recent rise within the coming weeks.
The general bias continues to stay optimistic for the Indian markets.
Nifty has helps at 19,600 and 19,400. We count on the #Nifty to rise to twenty,300-20,400 over the following two-three weeks.
NiftyBank has help at 43,800 and 43,650. It may rise to 45,000 first after which to 46,300 within the coming weeks.
DowJones now has a variety of 33,500-34,000. A breakout on both aspect of this vary will decide whether or not the Dow Jones can rise to 34,400 or fall to 32,850.
#Nifty #Financial institution #Nifty #Weekly #Prediction #Oct #GURU #Bullish #Momentum #Continues