NIFTY TREND & OPTION CALL PUT TIPS FOR SEPTEMBER 13, 2022

GET DAILY NIFTY PREDICTION ON WHATSAPP .. FOR THE DETAILS PING ON WHATSAPP 9039542248

Indian Benchmark indices increased as Sensex closed above the critical 60,000 level due to purchasing in IT and real estate companies in response to strong global market cues. Recent sessions have seen a rise in stock exposure among domestic investors as a result of declining US Dollar index and global crude oil prices. On September 12, Nifty increased for the third session in a row thanks to encouraging global indications. Real estate, consumer durables, and IT indexes all saw the biggest gains. At 1.64:1, the advance decrease ratio was favourable. At 60105, the Sensex finished the day 312 points higher. To close at 17930, Nifty gained 97 points.

While the large caps are experiencing rotating buying and profit taking, the broad market is still performing strongly, which is causing the Nifty to slowly climb. 18000 may remain a point of resistance for Nifty, while 17800 may serve as support in the near future. Technically, Nifty has developed a candle pattern like a shooting star close to a key resistance level. Only when 17850 is fired is a trend reversal feasible. Above that point, the index can reach a level between 17900 and 18000. On the other hand, selling pressure is anticipated to pick up below 17800 and may retest the level of 17700–17600.

Resistance: 18000, 18100, 18200

Support: 17900, 17800, 17700