In September a new month for Nifty showing positive in points. Nifty effectively surpassed the mark of 19,400 on the first day of September. It indicates healthy data to look at the stock listing and broad-based buying and Sensex is also indicating positive.
The index is close to 19,500, here experts say the Nifty can go to 19,600-650 with strong support of 19,300-250. Nifty jumped 182 points which makes the close at 19,435 points. Nifty now makes bullish candles which might be increased later and make a Bullish Engulfing pattern.
MATR technologies break in and make a downward-sloping pattern in the previous sessions but on September 1st it increases and indicates an upward movement with a 10.6% gain. The stock forms a strong Bullish candle with a continuation of an upward trend for the third straight session.
MCX India is also showing a gain of 8% with strong volume and continues its upward journey for the fifth day. MCX is showing a bullish candle trend and broke the horizontal resistance trendline.
GAIL India on the other hand jumps a solid 5.5%. Gail India was close to its highest closing since November 31, 2018. It is also formed as a bullish candle with strong volume and trade above all key moving averages.
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