# Nifty faces key 23,200 hurdle, analysts remain cautious

- Source: Economic Times
- Published: 2026-11-02T00:08:15+00:00
- Category: Business
- Original: https://economictimes.indiatimes.com/markets/stocks/news/nifty-faces-key-23200-hurdle-analysts-remain-cautious/articleshow/135440855.cms
- Canonical: https://groundlevelnews.com/story/nifty-faces-key-23-200-hurdle-analysts-remain-cautious-fba907/

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 level

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