Nifty Index opened positive and moved upwards with intensity in the first tick followed by some consolidation. It later slipped and wiped off most of its intraday gains but respected the previous day's low of 23350 zones. It formed a small bodied bearish candle on daily frame with longer upper shadows and broke its lower lows formation of the last seven sessions.
Now till it holds below 23500 zones, weakness could be seen towards 23350 then 23200 zones while hurdles are placed at 23650 and 23750 zones.
This story is from the November 20, 2024 edition of The Free Press Journal.
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This story is from the November 20, 2024 edition of The Free Press Journal.
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