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What is the NIFTY 50?

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What is the NIFTY 50?

The NIFTY 50 is a diversified 50 stock index accounting for 13 sectors of the economy. It is used for a variety of purposes such as benchmarking fund portfolios, index based derivatives and index funds.

What is the prediction of NIFTY 50 as on 15 Sep 2021?

Tomorrow’s movement Prediction of Nifty 50 NIFTY_50 as on 15 Sep 2021 is bullish. The stock is trading above weekly resistance and downside can only be expected once it trades below 17402.88 If this Munafa value is near or nearing 100, then this stock might show an upward movement.

What is the target range for Nifty50 in January 2022?

Nifty50 target prediction for January 2022 are 20367.49, 18541.07, 16714.64 on the upside, and 11075.51, 12901.94, 14728.36 on the downside. First upside target and first downside targets are best & worst case scenarios respectively. In case of sharp rise or sharp falls, these levels will serve as maximum ranges.

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What is the base period of CNX Nifty index?

The base period for the CNX Nifty index is 3 November 1995, which marked the completion of one year of operations of National Stock Exchange Equity Market Segment. The base value of the index has been set at 1000 and a base capital of Rs 2.06 trillion.

What should be the opening of the Nifty?

Expecting a flat opening in case of Nifty. Nifty recovered well after testing that 11250 levels on closing and managed to close above next day CPR. Today’s CPR should act as a good support on flat opening and 17390 & 17430 should act as a strong resistance on upside. In case if 17430 taken on upside we can again see Nifty rallying on the upside.

Can Nifty rally again on the upside?

Nifty recovered well after testing that 11250 levels on closing and managed to close above next day CPR. Today’s CPR should act as a good support on flat opening and 17390 & 17430 should act as a strong resistance on upside. In case if 17430 taken on upside we can again see Nifty rallying on the upside. In case if CPR…

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Will Nifty 17353 pull back to 17425?

Nifty 17353 -trend decider 17342. As long as nifty hold its CLOSE above the same,we shall expect its pull back to 17425. Breaching will take down to 17252 zone. Weakness is created in the global and Indian market.

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