*Pre-Open Daily Tech View of Nifty Spot for 13-09-2022*

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*Pre-Open Daily Tech View of Nifty Spot for 13-09-2022*

BY A STAFF REPORTER

Today expectation of positive opening amid green Global cues ahead of US key Inflation Report.


Yesterday, the 1st day of the week Nifty gained 103 points.

It formed a small-bodied bullish candle on the daily charts.


Week started with a Gap up note initially Op & Low at 17889 & then through out the day maintained the bullish biasness above 17900 – High printed at 17980. It failed to cross previous top 17992 & psychological 18000 mark & in last leg mild slipped & settled at 17936, its highest closing since August 18.


Nifty ready to cross 18000 mark today & the rally may move towards 18200-18350 too in the near future as long as the Nifty defends 17700–17600 on a closing basis.


*For intraday basis Expected Trading levels are* :-


*On the Up Side Resistances* :- 18010 – 18066—18101-18158


*On the Downside Supports* :- 17888 – 17848—17805 –17770


*Main Range :- 18200—17700*


*The volatility index India VIX* rose 1.24 percent to 17.94 levels.


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Source : Eureka

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