Nifty may go even higher.

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SGX nifty indicates markets to open higher an Gobal markets also indicates the same.

  • On 19/12/2023 Nifty 50 traded between 21340 and 21500. And closed with 30 points higher.
  • SGX nifty indicates nearly 150 points gapup opening NIFTY 50.
  • Global markets also closed higher Asian, European and US markets all closed in green.
  • The pivot point calculator indicates that the Nifty is likely to see immediate resistance at 21,496, followed by21,535 and 21,599, while on the lower side, it can take support at 21,368 followed by 21,329 and 21,265 levels.
  • DII’s buy for 295 Crores and FII’s sold for 601 Crores.
  • According to option chain, Call writing was huge at 21500 and put writing was high at 21400, as per present option chain data, even market opened at higher, it may face resistance and be in consolidation position.