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So is a new record high on the cards? Technical experts give new support and resistance levels for the Nifty. Most experts anticipate resistance around 22,000-22,150 levels meanwhile support for the benchmark is seen around 21,800 levels.
From a technical perspective, the market formed an Inside Bar on the charts as Nifty formed a lower high and higher low. More importantly, Nifty defended the strong support zone of 18,850-18,900 levels. As of now, unless violated, this zone remains a very strong support zone for Nifty.
Stocks to watch on September 18: Overall positive momentum in share market is likely to continue especially in the large-cap while sectoral rotation is likely to be seen in the broader market. Texmaco Rail, Mastek, Glenmark Pharma, CONCOR, Ami Organics among stocks to watch on Monday.
Stocks to watch on September 14: Select stocks such as KEC International, Coffee Day, Vadilal Industries, Radico Khaitan and a few others would be in focus on Thursday.
Stocks that share market analysts recommended on September 13: Share market analysts have calls on how to trade Bharti Airtel and SBI Life Insurance Company and Vedanta stock. Check share price targets, investment rationale, technical analysis, and more.