Nifty showed a different kind of behaviour today, especially from the bullish perspective, as it witnessed significant movement, closing 174 points lower at around 24,542. It closed below the previously strong resistance-turned-support level of 24,600, which had held firm for a long time. However, today Nifty broke below that level and ended the day beneath … Read more
Support for Nifty50 is acting as a strong base, as the market exhibited both bullish and bearish movements today. The market opened slightly gap-down and then formed a strong bearish candle, reaching a low near 24,525. After that, it showed a consistent recovery from the low and ended with an overall positive gain. By the … Read more
The market has been showing a mix of bullish and flat movements recently. In today’s trade setup, the market opened slightly bullish and then made a strong move to the upside, reaching levels above 25,000. After that, it attempted to retrace and gave up most of its gains, pulling back near the opening levels. Following … Read more
As per our analysis, the market has formed strong support around the 24,600 level during Friday’s trade setup. From that level, it showed a kind of reversal movement and gained nearly 243 points in the Nifty 50. After a sharp recovery at the end of Thursday’s session, Monday showed a kind of continuation of that … Read more