Nifty 50 Index
Long

NIFTY : 4th DEC TRADE

473
Nifty close above ATH near 20267, Election results could impact either side. However, nifty will remain in bullish zone for coming days as it closed above ATH . Expecting further rally 20730++ next week

Levels to watch out for :

Upside Targets : 20367/20460/20568/ -->20737 (Possible this week)
Downside Targets : 20186/20015 - Look for Reversal as they are support for Monday

I remain bullish view for next week considering the close on Friday. Any dip is buying opportunity. US Market closed on good upside , hoping gap up in nifty as well. if Election results favours watch for levels 20568/20737 to hit quickly

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.