As we navigate through the midweek, Nifty 50 maintains a bullish stance above 21,021, while a dip below 20,620 could indicate potential adjustments.
Nifty 50 Analysis:
| Case No | Particulars | Positions to be Initiated |
|---|---|---|
| I | Nifty 50 above 21,021 | Continuing Bullish |
| II | Nifty 50 between 21,021 and 20,620 | Sideways |
| III | Nifty 50 below 20,620 | Continuing Bearish |
Bank Nifty Analysis:
Bank Nifty charts its course, aiming to stay above 46,987 for continued bullish momentum. A dip below 45,571 could introduce caution.
| Case No | Particulars | Positions to be Initiated |
|---|---|---|
| I | Bank Nifty above 46,987 | Continuing Bullish |
| II | Bank Nifty below 45,571 | Continuing Bearish |
| III | Bank Nifty between 46,987 and 45,571 | Sideways |
In summary, navigating through the midweek, potential market moves for both Nifty 50 and Bank Nifty, with a sideways range considered. Stay tuned, stay informed, and trade wisely. 📈🧭 #Nifty50 #BankNifty #TradeEncore
