[ad_1] We had posed this question in the morning whether the move seen on Wednesday was the start of a sustained recovery or a bull trap ahead of key events. Turns out that the answer veers more towards the latter but Thursday’s session was more topsy-turvy and volatile than a full fledged sell-off. The Nifty […]
Nifty scales 25,000 in what is its third-fastest 1,000-point rally on record – CNBC TV18
[ad_1] The Nifty 50 index scaled the historic 25,000 mark on Thursday after three days of failed attempts at crossing the landmark. This is the third-fastest 1,000-point rally for the Nifty on record, with the fastest being a 1,000-point surge from 16,000 to 17,000 in 19 trading sessions in August 2021. The Nifty had on […]
Trade Setup for July 31: Will the Nifty continue to face resistance at 25,000? – CNBC TV18
[ad_1] Tuesday’s trading session for the Nifty almost felt like a repeat telecast of Monday’s episode. The Nifty opens higher, scales higher, makes a high, ignites hopes of scaling 25,000 yet again and then comes a sell-off in the final few minutes of the session, taking the Nifty back to the exact same levels at […]
Trade Setup for July 29: Will the Nifty finally cross 25,000 led by a revival in banks? – CNBC TV18
[ad_1] On Friday morning, we had asked the question that even as the dips have been bought into every single session of the week, but do the bulls have the conviction and the strength to take the Nifty back towards levels seen on July 19, which was above the mark of 24,800? Well, if the […]
Trade Setup for July 26: Will Nifty bulls find strength at higher levels with dips being bought into? – CNBC TV18
[ad_1] The market was expected to open gap down on Thursday, and so it did. But just as it has been the trend through the week, the gap down was consistently bought into and despite five straight days of losses, the Nifty has moved nowhere from where it was at the end of last week. […]