NIFTY 50, SENSEX TODAY: What to expect from the Indian stock market in the trading on September 18 after the US Fed rate cut

Indian stock market criteria indices, Sensex and Nifty 50, are likely to open higher on Thursday, after the US Federal Reserve announced an interest rate cut. The trends on gift Nifty also indicate a positive start to the Indian measure index. The Gift Nifty traded about 25,512 level, a premium of nearly 88 points from the Nifty Futures’ previous closure. The US Federal Reserve has decided to lower the benchmark rate by 25 basis points to a range of 4% to 4.25%. Fed chairman Jerome Powell has projected two more quarter percent this year. The domestic stock market ended on Wednesday, with the criterion Nifty 50 closing above 25,300 level. The Sensex rose by 313.02 points, or 0.38%, to close at 82,693,71, while the Nifty scored 50 91.15 points, or 0.36%, higher at 25,330,25. Here is what to expect from Sensex, Nifty 50 and Bank Nifty Today: Sensex Prediction Sensex has seen a stir, indicating a strong bullish sentiment, and a double bottom has been observed, an important technical signal. “The short -term market prospects remain positive. We believe that 82,500 and 82.200 important support zones are for traders who tend. Kotak Securities. To Ghawalkar, Market Analyst, Share.Market (Phonepe Wealth) believes that the most important support for Sensex in the 81.800 – 82,000 series lies, while resistance 83.200. “The bullish trend is expected to continue as long as Sensex remains above 82,700; A breakdown below this level may indicate a possible disadvantage risk, “Ghawalkar said. Nifty 50 Prediction Nifty 50 -Index forms a Bulkers with a higher high and higher layer and a bullish gap below the base, indicating the expansion of the stir. ‘A reasonable bullchers were formed on the daily chart placed on another obstacle of the previous opening kloof of July 11. Technically, the market is in an emerging continuation pattern and the resistors began to surpass one after another. Therefore, one can expect a further advantage of the current hurdle in the upcoming sessions. “According to him, the short -term trend of the market remains positive and expects Nifty 50 to go to the next rise of 25,600 levels in the short term. Immediate support is placed at 25,150 levels. Dr. Praveen Dwarakanath, Vice President of Hedged.in. Noted that the Nifty 50 has broken the resistance at the 25,150 level and that it is moving strongly to the next resistance at the 25,450 level. “The momentum indicators have moved gears on the upside, which is an indication of the momentum to continue upside down. The ADX DI+ line slopes upwards, indicating the upward potential for the current levels index,” Dwarakanath said. Ghawalkar said that the market’s prejudice is careful, provided the Nifty 50 strokes hold above the 25,300 level. The most important support levels to look at the Nifty 50 are 25.150 and 25,200, with resistance expected about 25,450 and 25,500. Bank Nifty Prediction Bank Nifty Index closed with 345.70 points, or 0.63%, at 55,493,30 on Wednesday, with a strong bulls with higher high and higher low, indicating the expansion of the retreat for the 11th consecutive sessions. “On the technical front trading bank Nifty trades above its 20-day and 50-day ema, which indicate an improved structure. Important that prices are now trading above the midline of Bollinger tires, suggesting that the short-term trend has become positive. Momentum indicators are also supportive. Securities. Looking at key levels, he added that the 55,600 – 55,700 zone would act as an immediate resistance, and a sustained move above 55,700 could lead to the continuation of the stir in the index to 56.200. To the disadvantage, the 55,300 – 55,200 zone is likely to act as a support, while any setback to these zone buying opportunities can provide dips. Hishikesh Yedve, AVP technical and derivative research, Asit C. Mehta Investment Interrediates Ltd noted that Bank Nifty sustained on the daily scale above the trend line resistance as well as the 34-dema gate and formed a big bullish candle, which indicates an ongoing strength. “Banknifty index will therefore try to test the 56,000-56.160 levels at the near term, where major resistance is placed. Immediate support for the bank is seen near 55,010, where the 34 dema is placed, followed by 54,500. Above is that of individual analysts or brokerage businesses, and not of currency.