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Source: Live Mint Buy or sell: As discussed last week, both the Nifty and Bank Nifty indices were in overbought conditions, resulting in a significant correction over the past week. The Nifty index dropped by nearly 5%, closing at 25,014, while the Bank Nifty corrected by about 6%, ending at 51,462. The Federal Reserve’s decision…
Source: Live Mint Buy or sell: As we have already discussed in the last week due to a major fed rate decision meeting in upcoming week, we can see a breakthrough in the indices. This week, the Nifty index closed at 25,790, marking a significant breakthrough above the key resistance level of 25,500. This rise…
Source: Live Mint Buy or sell: The Nifty index concluded the week at 25,356, positioning itself near the key resistance zone of 25,500. As highlighted in previous analyses, a close above 24,600 ignited bullish momentum, paving the way for resistance targets between 25,200 and 25,500. As we have mentioned following a period of oversold conditions,…
