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Source: Live Mint Buy or sell: The Nifty index exhibited constrained movement throughout the week, fluctuating within the 23,500–24,200 range. However, a lack of a decisive breakout above the 24,200 level caused the index to retest its support zone of 23,300–23,500. The week closed below this crucial support level, signaling potential weakness. The week began…
Source: Live Mint Stocks to buy under ₹100: The Indian markets witnessed a continued sell-off for the third straight trading session on Friday, January 10, as bearish sentiment dominated, leaving little opportunity for bulls to lift the indices. Both the Nifty 50 and Sensex closed the day in the red. Despite some support from the…
Source: Live Mint Buy or sell: The domestic benchmark indices succeeded in maintaining the gains made during the morning session until the close on Friday. The Sensex finished at 78,699.07 points, an increase of 226.59 points or 0.29%, while the Nifty 50 ended at 23,813.40 points, rising by 63.20 points or 0.27%. As of 2024,…
Source: Live Mint Buy or sell: Throughout the week, the Nifty index remained in a range-bound zone, oscillating between the 24,000 and 25,000 levels. The week began with a sideways momentum, indicating a lack of significant directional movement. As the week progressed, profit booking took place, which caused the index to dip towards the support…
Source: Live Mint Buy or sell: The Nifty Index concluded the week at 24,180, falling below the anticipated support zone of 24,800. As noted previously, a close beneath this level could trigger further selling in the equity market, positioning the index toward the 24,000 mark. With the weekly close near 24,000, market participants are keenly…
Source: Live Mint Buy or sell: Last week, both the Nifty and Bank Nifty indices were in oversold conditions, which led to a significant rebound followed by sideways movement. The Nifty index bounced from the key support level of 24,800 but was unable to break through the immediate resistance at 25,300. Throughout the week, it…
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…
