Morning Market Quote : The ranges are wider than usual since its budget day Mr. Akshay Chinchalkar, Head of Research, Axis Securities
Below the Morning Market Views From Mr. Akshay Chinchalkar, Head of Research, Axis Securities
“The Nifty finished higher for the fourth straight yesterday, a streak not seen since December 4th. In doing so, we also managed a close above the 10th January breakdown area, which is a start for bulls looking to extend the rebound. Still, overhead resistance is aplenty, with the next upside and key hurdle kicking in around 23632 followed by the critical 23763 - 23811 zone. Immediate support lies in the 23339 - 23387 area, followed by 23109. The ranges are wider than usual since its budget day”.
Above views are of the author and not of the website kindly read disclaimer
More News
Quote on Market Movement by Akshay Chinchalkar, Head of Research, Axis Securities
