Nifty 50 Analysis for September 29, 2023
Nifty 50 Analysis for September 29, 2023 The Nifty 50, the benchmark index of the National Stock Exchange of India, has been the subject of much discussion and analysis in the past week. Here’s a comprehensive look at the performance and outlook for the week of September 25 to September 29, 2023. Performance Overview The Nifty 50 closed the previous week on a negative note, losing 2.66%. The immediate support for the Nifty 50 share price was seen at 19,489.38, and the immediate resistance was at 20,027.23. If the Nifty 50 share price were to close below the immediate support of 19,489.38, a sharp breakdown could be expected. Key Levels The major support for the Nifty 50 share price for the week was at 19,304.50. On the positive side, if the Nifty 50 share price were to close above the immediate resistance of 20,027.20, a sharp breakout could be expected. The major resistance for the Nifty 50 share price for the week was seen at 20,380.20. The trading range for the Nifty 50 share ...