22-10-2024 09:50 AM | Source: Geojit Financial Services
Market Watch : Asia reflects Wallstreet pause Earnings flow guide India - Geojit Financial Services Ltd
Nifty Outlook
The risk-on approach that surfaced on Friday fizzled off yesterday in the face of the rejection trades on first approach to 24950. However, the lack of momentum post downside break of 24770 suggests that the 24470-23900 view may take while to mature. Towards this end, should we push back above 24800, we would be inclined to consider it as a fresh onset of buying interest, and aim for 25350/90 again.
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Tag News
Benchmark index is likely to trade with mild positive bias today - Monarch Networth Capital Ltd
On the daily chart the index has formed a small Bearish candle with lower shadow indicating buying support at lowerlevels - Jainam Share Consultants
The Nifty is at a crucial juncture, testing key support and resistance levels amidst a mixed sentiment backdrop - Tradebulls Securities Pvt Ltd
The index started the truncated week on a subdued note and traded with a corrective bias throughout the day - ICICI Direct