Intraday charts for Nifty futures reveal higher lows across sessions this week, a textbook signal of accumulation by institutional desks. Key watch level remains 22,000 for swing traders. Politicians love a good portmanteau. They make for catchy soundbites and nifty headlines, and often slip quickly and seamlessly into the public vernacular as if they'd been there all along (think Brexit!). One stood out at the Labour party conference in Liverpool this week when chancellor Rachel Reeves spoke of "securonomics". The Nifty 50 Index Tracks the 50 Largest Companies on India’s National Stock Exchange Traders eyeing Nifty futures are factoring in next week’s CPI data as a potential catalyst. Positive macro prints could enhance buying interest toward the 22,250 mark.
