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2025-08-11 03:09:55 pm | Source: Prabhudas Lilladher Pvt Ltd
Perspective on Markets 11th August 2025 by Mr. Vikram Kasat, Head - Advisory, PL Capital
Perspective on Markets 11th August 2025 by Mr. Vikram Kasat, Head - Advisory, PL Capital

Below the Perspective on Markets 11th August 2025 by Mr. Vikram Kasat, Head - Advisory, PL Capital

 

“U.S. stock futures inched higher, with the market once again on the cusp of all-time highs ahead of a week of key inflation reports.

The most important thing is the CPI data. That will definitely dictate monetary policy

Nifty 24363.30

Nifty failed to sustain above the falling wedge breakout. The silver lining for the bulls is that the low was not broken on a closing basis. Breaking and sustaining below 24344 can drag the Nifty index lower to 24164

Swing high of 24634 is resistance !!

 

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