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Selling at higher levels turns 23,800 into key barrier for Nifty: Analysts

Benchmark Nifty closed lower last week. Analysts anticipate continued range-bound trading for Nifty this week. Trading strategies suggest buying on dips and selling on rallies within the 23,800-23,200 range. Specific stock recommendations include Indus Towers, Samvardhana Motherson International, Aditya Birla Capital, Sun Pharmaceutical Industries, and Arvind Limited. Investors are advised to consider these opportunities.

Raccontata dathehindubusinessline.comeconomictimes.indiatimes.com

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2 prospettive sulla stessa storia
AI · summaries
economictimes.indiatimes.comStai leggendo1 mesi fa

Selling at higher levels turns 23,800 into key barrier for Nifty: Analysts

Benchmark Nifty closed lower last week. Analysts anticipate continued range-bound trading for Nifty this week. Trading strategies suggest buying on dips and selling on rallies within the 23,800-23,200 range. Specific…

originale
thehindubusinessline.com1 mesi fa

Nifty and Bank Nifty Prediction for May 18–22, 2026: Nifty50 Bias Turns Negative, Key Levels to Watch

Nifty50 and Bank Nifty remain under pressure after last week’s fall. Key support and resistance levels for the week of May 18–22, 2026.

Leggi questa versione → originale

Timeline cronologica

  1. sabato 16 maggio 2026·thehindubusinessline.com

    Nifty and Bank Nifty Prediction for May 18–22, 2026: Nifty50 Bias Turns Negative, Key Levels to Watch

    Nifty50 and Bank Nifty remain under pressure after last week’s fall. Key support and resistance levels for the week of May 18–22, 2026.

  2. sabato 16 maggio 2026·economictimes.indiatimes.com

    Dalal Street Week Ahead: Nifty’s fragile trend flags deeper volatility as selling pressure intensifies

    Nifty ended the week under sharp corrective pressure as selling dominated and volatility spiked. The index remains structurally weak below key moving averages, with support at…

  3. domenica 17 maggio 2026·economictimes.indiatimes.com

    Nifty's 23,600 line in the sand: Why missing this level could pull the index to 22,800

    Niftys recent profit booking has made 23,600 a crucial support level, with a breach potentially dragging the index to 22,800, says Geojits Anand James. While technical indicators…

  4. domenica 17 maggio 2026·economictimes.indiatimes.com

    Market Trading Guide: 2 stock ideas for Monday with up to 8% near-term gains

    Nifty ended lower on Friday, breaking a two-session winning streak as banking, metal and realty stocks dragged the index below the 23,800 zone. Analysts see a bearish setup with…

  5. domenica 17 maggio 2026·economictimes.indiatimes.com

    Ahead of Market: 10 things that will decide D-Street action on Monday

    Nifty broke below its 23,800–24,500 consolidation range, signalling near-term weakness, with resistance now seen at 23,800–24,000 and key support at 23,150, according to analysts.…

  6. lunedì 18 maggio 2026·economictimes.indiatimes.com

    Selling at higher levels turns 23,800 into key barrier for Nifty: Analysts

    Benchmark Nifty closed lower last week. Analysts anticipate continued range-bound trading for Nifty this week. Trading strategies suggest buying on dips and selling on rallies…

  7. lunedì 18 maggio 2026·economictimes.indiatimes.com

    Nifty could slip towards 23,150 if key support breaks: Rupak De

    Indian equity markets ended last week under pressure, with benchmark indices struggling to hold gains due to weak technical indicators and selling in heavyweight stocks. Analyst…

  8. lunedì 18 maggio 2026·economictimes.indiatimes.com

    Ahead of Market: 10 things that will decide stock market action on Tuesday

    Indian indices were subdued with Nifty up 0.03% and Sensex down 0.10%. High volatility (VIX at 19.63) and bearish momentum indicators suggest near-term weakness. Analysts expect…

  9. mercoledì 20 maggio 2026·economictimes.indiatimes.com

    Next rally hinges on 23,800 breakout, says Dharmesh Shah on Nifty outlook

    The domestic equity market experienced a strong intraday recovery, with the Nifty rebounding sharply and experts suggesting a 'buy on dips' structure. Key support is identified at…