Morning Market Quote : The ranges are wider than usual since its budget day Mr. Akshay Chinchalkar, Head of Research, Axis Securities

2025-02-01 11:01:58 am | Source: Axis Securities Ltd

Morning Market Quote : The ranges are wider than usual since its budget day Mr. Akshay Chinchalkar, Head of Research, Axis Securities

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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”.

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Morning Market Quote : The ranges are wider than usual since its budget day Mr. Akshay Chinchalkar, Head of Research, Axis Securities

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