- SPOT
SPOT Pivot Levels
| Type | Classic | Fibonacci |
|---|---|---|
| R1 | 31,575.48 | 31,555.89 |
| R2 | 31,642.57 | 31,588.99 |
| R3 | 31,715.73 | 31,642.57 |
| PP | 31,502.32 | 31,502.32 |
| S1 | 31,575.48 | 31,555.89 |
| S2 | 31,362.07 | 31,415.64 |
| S3 | 31,294.98 | 31,362.07 |
FAQs
How to invest in the Nifty200 Momentum 30 Index?
Can I invest in the Nifty200 Momentum 30 Index on m.Stock?
What time does the Nifty200 Momentum 30 Index open in India?
What is the Nifty 200 Momentum 30 Index?
The Nifty 200 Momentum 30 Index is a theme based index that tracks the performance of the top 30 companies within the Nifty 200 based on their normalised momentum score. This score is determined by the 6-month and 12-month price returns adjusted for volatility. The index aims to capture the performance of stocks exhibiting strong momentum, making it suitable for investors looking for companies with consistent price performance. It provides exposure to high-momentum stocks, which can offer substantial returns during bullish market conditions.
How many companies are part of the Nifty 200 Momentum 30 Index?
The Nifty200 Momentum 30 Index includes 30 companies, which are reviewed periodically based on their momentum scores. Notable companies in the index include Adani Ports and Special Economic Zone Ltd., Mahindra & Mahindra Ltd., Tata Power Co. Ltd., Hero MotoCorp Ltd., and Oracle Financial Services Software Ltd. The index weights are determined by a combination of the normalised momentum score and free-float market capitalization, ensuring that high-performing stocks are adequately represented. This index is ideal for momentum investors seeking to capitalise on strong price trends.
