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GIFT NIFTY 50 INDEX FUTURESGG

GIFT NIFTY 50 INDEX FUTURES

23,022.5USDR
−224.5−0.97%
At close at Apr 11, 20:49 GMT
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NIFTY1! trade ideas

Will Nifty touch 21000?The Nifty kicked off Monday with a gap up, propelled by BJP's exceptional performance in the state election. Strong domestic cues and the return of foreign capital into Indian equities have supported the upside momentum with markets witnessing the biggest one-day rise in over one year. Nifty 50 formed a long bull candle on the daily chart with a lower shadow. The huge opening upside gap of Monday remains unfilled. Although the pace of the upswing rally softened on Tuesday, there is no indication of any reversal pattern unfolding at the new highs. Will Nifty touch 21000?
NLong
by phillip_nova
Riding the Bull: Nifty Futures Set to Soar! 🚀📈 Exciting Market Update! 🚀 Analyzing the Nifty December 2023 futures contract, it settled at 20375.15 on 01-12-2023. Based on my calculations and the current price action, I'm anticipating a bullish trend. If the Nifty futures maintain above the 19930.70 level by the expiry date (28-12-2023), I'm eyeing a target of 20750 from the current market price. Additionally, 21130 stands as the second bullish target. 📊 I've marked these crucial levels on the candlestick chart for you to check out. The technical indicators are aligning with a potential upward movement. 📈🔍 Take a look and share your thoughts! Let's keep an eye on the market and see how it unfolds in the coming days. Disclaimer: Trading involves risk, and past performance is not indicative of future results. Always conduct your own research and consider consulting a financial advisor before making any investment decisions. #StockMarket #NiftyFutures #MarketAnalysis #Investing #FinancialUpdate #BullishTrend
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by IndexAce