Nifty’s receives fresh drubbing…
November 21, 2024
*Review & Preview @4PM —— Thursday, November 21st 2024* NIFTY (-169, 23350) Sensex (-423, 77156) Bank Nifty (-254, 50373) Nifty’s gets fresh drubbing. The latest
The technical landscape and the trading theme tells us one thing…
Technically, Nifty is likely to head in one direction from here in the near term. And that’s higher, and probably lots lot higher with an inter-month perspective.
The line in the sand is at Nifty 24205.
# The street, from here on will spy with one big eye on the US September jobs report to be wired on September 6th.
# Hopefully, this September unemployment report gets the Fed to cut interest rates by 50 basis points. Fingers crossed.
Disclaimer: This does not construe to be an investment advice. Stock market investments are subject to market risks. All information is a point of view, and is for educational and informational use only. The author accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
🇮🇳 🇮🇳 🙏🏻
More Posts
Nifty Bears all the way!
November 19, 2024
*Review & Preview @4PM —— Tuesday, November 19th 2024* NIFTY (+65, 23519) Sensex (+239, 77578) Bank Nifty (+263, 50627) Bears all the way! Nifty’s latest
Nifty ended lower for the 7th straight day and way below its 200 DMA (23565).
November 18, 2024
*Review & Preview @4PM —— Monday, November 18th 2024* NIFTY (-79, 23454) Sensex (-241, 77339) Bank Nifty (+184, 50364) Nifty continues to attract bears amidst