Nifty gives decisive breakout, aiming for 26500
The Free Press Journal|September 27, 2024
Nifty Index opened above 26000 zones and continued the positive momentum in the first hour of the session.
Motilal Oswal Team

It was followed by consolidation mid-day and the last hour saw a strong action from the bulls where the index touched a fresh all-time high of 26250 levels. It closed with gains of around 210 points and gave the highest ever close. It formed a bullish candle on daily frame after a range breakout of the last three sessions with higher highs formation of the last six sessions. Now it has to hold above 26150 zones for an up move towards 26350 then 26500 zones whereas supports are placed at 26100 then 26000 zones.

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