Nifty and Financial institution Nifty Prediction for the week Sept 18 to 22, 2023 by BL GURU

Nifty has risen properly above 20,000 and has examined 20,200 in keeping with our expectations.

#NiftyBank index has additionally rise above 46,000 extra in keeping with our expectations. #NiftyBank index is wanting very bullish and has extra room to rise from right here.

Nonetheless, #Nifty is coming near an important resistance at 20,300-20,400. Wanting on the power within the weekly chart and with help at 19,850 we see excessive probabilities for the #Nifty to interrupt 20,400 and rise to twenty,700-20,800 and even 21,000.

In case #Nifty fails to interrupt 20,400 and falls beneath 19,850, we will run right into a sideways consolidation between 19,000 and 20,400 for a while.

#NiftyBank index is wanting bullish. It has help at 45,750. An increase to 47,000-47,400 first after which to 48,500-48,650 over the medium-term may be seen

#DowJones is wanting unclear. 34,200 to 35,100 appears to be like prone to be the buying and selling vary. A breakout on both aspect of this vary will give readability on the following transfer. Desire is to see a bullish breakout above 35,100 and an increase to 35,500 and 36,000



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