31-10-2024 04:34 PM | Source: LKP Securities Ltd
Quote on Nifty by Rupak De, Senior Technical Analyst, LKP Securities
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Below the Quote on Nifty by Rupak De, Senior Technical Analyst, LKP Securities
"The Nifty index remained volatile before closing on a negative note. On the hourly chart, it encountered resistance around the 50 EMA, leading to a pullback toward 24,200. Sentiment may continue to remain weak as long as Nifty stays below 24,500, with any rise toward this level likely facing selling pressure. On the downside, support is placed at 24,000, while resistance levels are seen at 24,500 and 24,750."
Above views are of the author and not of the website kindly read disclaimer
Latest News
Centre launches portal for nurturing skill developme...
Hyundai, Kia`s Europe sales down 7.5 pc in October
AI-powered voice analysis may revolutionise early di...
Rohit Sharma to join Indian team in Australia on Sunday
Evening Roundup : A Daily Report on Bullion Energy &...
Buy Copper Above 825 SL Below 821 TGT 830/833 - Axis...
Over 9 in 10 Indian leaders anticipate an increase i...
Evening Track : Renewed Geopolitical uncertainty fue...
Mahayuti government is going to be formed: Shiv Sena...
Everything will get clear on the 23rd: BJPs Rahul Na...
Tag News
Daily Market Analysis : Markets edged lower and lost over half a percent, in continuation to...
Quote on Market Wrap Up by Shrikant Chouhan, Head Equity Research, Kotak Securities Ltd
Sensex ends 422 points down, Nifty below 23,350 over weak global sentiment
Quote on the first leg of the 6 changes on Index Derivative Contracts that goes live from 20th November 2024 by Ashish Nanda, Kotak Securities
More News
Daily Market Commentary : Next week investors will await US Fed Chair Powell speech for futu...
Daily Market Analysis : Markets remained range-bound for the third successive session, ultimately gaining nearly half a percent...
Morning Nifty and Derivative comments 25 October 2023 By Anand James, Geojit Financial Services
FPI ? FII details from Shrikant Chouhan, Head Equity Research, Kotak Securities