Quote on Morning Market 11th July Mr. Akshay Chinchalkar, Head of Research, Axis Securities

2025-07-11 10:51:11 am | Source: Axis Securities Ltd

Quote on Morning Market 11th July Mr. Akshay Chinchalkar, Head of Research, Axis Securities

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Below the Quote on Morning Market 11th July Mr. Akshay Chinchalkar, Head of Research, Axis Securities

"The Nifty ended down yesterday in what was a late session selloff. Technically speaking, there was no upside follow-through on the "bullish flag" breakout from Tuesday, so bulls don't have the all-clear yet. A close above 25548 is needed to validate the bullish breakout from earlier this week and lead to an advance toward 25600 for starters, followed by the recent swing high at 25670. Asian cues are a mixed bag, while US index futures are down about 0.2% as President Trump announced 50% tariffs on Brazil."

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Quote on Morning Market 11th July Mr. Akshay Chinchalkar, Head of Research, Axis Securities

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