The technical landscape and the trading theme tells us one thing…

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.

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