S&P CNX NIFTY INDEX FUTURES

NIFTY VIEW FOR 26-09-2022 ONWARDS

40
NIFTY in Oversold Zone but still Away from its support as we can see in the chart next support is around below 17200 we can expect a retracement from this level up to 17455 if we get lucky can sell 17658 yes we can expect retirements up to moving averages SMA 20 and SMA 50.

for long term investments wait for 1st buy near SMA200 16973 AROUND this is last hope and final target of seller. expecting a bull rally from that level

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