The first Nifty of the Mutual Trading will jump 12000 levels?

Ahmedabad. October 21, 2019, Monday

The Mumbai stock market and the National Stock Exchange were officially closed today, irrespective of the Maharashtra assembly elections. Now, with only four trading sessions remaining on completion of the current Vikram Samvat, will the Nifty 9's psychological or psychological reversal before the Muhurt trading of Diwali in the market circles? It has become the topic of discussion.

It should be noted here that during the past week, the Nifty was up 7.5 per cent on fresh buying. Thus, she is now 2.5 percent away from the psychological level of 0.

The Nifty has seen a serious improvement over the past week following various government steps and other favorable reports. However, for the Nifty this week, the level of 1-4-8 would be too difficult to jump into this week.

If the adverse report comes in the next four days or there is pressure on the selling of profits, the Nifty can go down to 1,3,3,8. Which is the surface of support for its significance.

It is worth mentioning here that during the current month, foreign investors have paid Rs. Has purchased more than 1 crore. It has impacted the market. In addition, the results announced so far have had an impact on the palm market.

Thus, it is possible to improve the market only if a specific favorable cause emerges in the next four days. Otherwise, if there is a negative reason as well as the pressure to sell profits, then there will be a backlash in the market.

According to market analysts, to achieve the target of 1, the Nifty is required to remain closed at 5. Only if this is possible will the Nifty be seen ahead.