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Wednesday, 4 November 2026
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Nifty’s next move hinges on breakout above 23,200: Analysts

Nifty’s next move hinges on breakout above 23,200: Analysts
Image: The Economic Times (India)

Nifty has recently surged by nearly 2%, approaching the resistance level at 23,200. Analysts recommend building long positions to capitalize on a potential breakout. Support is set between 22,600 and 22,800, serving as a buffer. Recommended stocks for investment this week include DLF and Zensar Technologies. Investors should exercise caution in the broader market until significant resistance levels are broken.

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