Nifty50 and Bank Nifty

Nifty, Bank Nifty share price target for 27th Sept

Bank Nifty share price target for 27th Sept; Today Nifty and Bank Nifty share price target achieved on the buy-side. Market opened higher today and extended its early gains and closed in positive on the monthly expiry day. 

Nifty future share price opened at 11,504.65 and touched intraday high of 11,631.55 and low of 11,469.10. During the day Nifty future has given a movement of 162.45 points and closed at 11,572. 

Whereas Bank Nifty future share price opened at 29678.65 and touched intraday high of 30974.80 and low of 29676.40. During the day Bank Nifty future share price has given a movement of 1296.15 points and closed at 30,006.50.

Nifty future share price target for 27th Sept

Primary Trend Nifty Future:  Trend Up

Range-Bound Trend of Nifty Future: All up Moves Initiates Profit Booking (Sale) @ 11680 whereas All Down Moves Initiates Short Covering (Buy) @ 11500

If Nifty Future Moves Above 11605 and sustain. Then you should Buy with 1st Target of 11638 during the day with a Stop Loss of 11550 FOR the Target of 11638- 11672- 11710

If Nifty Future Moves Below 11550  tomorrow. Then you should Sell with 1st Target of 11527 during the day with a Stop Loss of 11605 FOR the Target of 11527- 11494- 11470. 

 Bank Nifty future share price target for 27th Sept

Primary Trend of Bank Nifty Future: Trend up (volatile)

Range-Bound Trend of Bank Nifty Future: All up Moves Initiates Profit Booking (Sale) @ 30500, whereas All Down Moves Initiates Short  Covering (Buy) @ 29800

If Bank Nifty Future Moves Above 30090. Then you should Buy with 1st Target of 30192 during the day with a Stop Loss of  29970 FOR the Target of 30190 – 30380 – 30540

If Bank Nifty Future Moves Below 29970. Then you should Sell with 1st Target of 29850 during the day with a Stop Loss of 30090  FOR the Target of 29850- 29580- 29374

Conclusions: 

The expiry day ends in a positive note. From tomorrow onwards October series will start. In the October series Q2 results, the RBI policy,  the US-China Trade talk will lead the market. For the detailed analysis of the October series, and to get the Nifty and Bank Nifty share price target you can visit our website on the first week of October.

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