Powered by: Motilal Oswal
2025-07-29 10:32:53 am | Source: Axis Securities Ltd
Quote on Morning Market Movement 28th July 2025 by Akshay Chinchalkar, Head of Research, Axis Securities
Quote on Morning Market Movement 28th July 2025 by Akshay Chinchalkar, Head of Research, Axis Securities

Below the Quote on Morning Market Movement 28th July 2025 by Akshay Chinchalkar, Head of Research, Axis Securities

 

The nifty finished 156 points down yesterday and ended below the crucial 24700 mark. Technically speaking, the ongoing decline has the 24400 - 500 support area in its sights as long as immediate resistance at 25000 is not challenged. The real test for bulls will be at 24200 should prices get there. Asian cues were slightly weak this morning while overnight US cues were strong with the S&P climbing to yet another record. 

 

Above views are of the author and not of the website kindly read disclaimer

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here