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Tuesday, November 5, 2024
NIFTY SPOT OVER VIEW
Now talking about today's policy, Nifty opened at ₹23,908 and made a high of 24037.20Now the level of 23,932 acts as a support, if it breaks then there is a possibility that the market could go further down which is seen towards the level of 22294 and if we look above, it will close above 25080. There is a possibility that the market may go higher or else the lower door is still open which opened at 23,932. So the chances of it opening a big door is that it can take the policy to ₹22,294 and down to 22,768. Now it remains to be seen how the market sustains above 25080 after the American elections. This is a matter of Nifty support, only if it is successful, there can be a new boom
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