Weekly Analysis for September 21st to 25th
Nifty has been volatile over the past week and has seen wild moves within a range. The volatility is expected to continue through this monthly expiry week. Since there is no major cues to react, the Indian market might stay volatile and follow the prints of Global sentiments. Any reactive news might trigger investors sentiments. It is advised to keep following the India China border tensions. The FII have once again pumped money last week. This has bring some uncertainity for the time being.
Levels to keep an eye on the upside is 11,630 and on the downside is 11,440. Breaking on of these levels will respectively form the trend for the week with considerable volatility. This week might shake out weak hands. So it is advised to stay away untill good decisive moves happen. Or ride the volatile moves within the range with tight exit plans.