positive
Nifty hits 25,309, breaking crucial resistance zone
The Nifty 50 decisively breached the 25,200 resistance level, ending 0.51% higher at 25,309 on October 10, signaling strong bullish momentum. Technical charts indicate robust buying interest, with key support zones around 25,000 holding firm. Both private and PSU banks led the rally, contributing to broad-based market strength. Analysts said sustained institutional inflows and improving earnings visibility could propel the index toward new highs in the near term.
Explore:Mutual Fund Tools
positive
Nifty hits 25,309, breaking crucial resistance zone
The Nifty 50 decisively breached the 25,200 resistance level, ending 0.51% higher at 25,309 on October 10, signaling strong bullish momentum. Technical charts indicate robust buying interest, with key support zones around 25,000 holding firm. Both private and PSU banks led the rally, contributing to broad-based market strength. Analysts said sustained institutional inflows and improving earnings visibility could propel the index toward new highs in the near term.
Explore:Mutual Fund Tools
1 min read
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Nifty crosses key resistance, signaling sustained uptrend with broad sectoral support.
The Nifty 50 decisively breached the 25,200 resistance level, ending 0.51% higher at 25,309 on October 10, signaling strong bullish momentum. Technical charts indicate robust buying interest, with key support zones around 25,000 holding firm. Both private and PSU banks led the rally, contributing to broad-based market strength. Analysts said sustained institutional inflows and improving earnings visibility could propel the index toward new highs in the near term.
The Nifty 50 decisively breached the 25,200 resistance level, ending 0.51% higher at 25,309 on October 10, signaling strong bullish momentum. Technical charts indicate robust buying interest, with key support zones around 25,000 holding firm. Both private and PSU banks led the rally, contributing to broad-based market strength. Analysts said sustained institutional inflows and improving earnings visibility could propel the index toward new highs in the near term.
Companies:
Bank First Corporation
Tags:
Nifty 50
Indian Equity
Nifty 50
Indian Equity
Market Rally
Technical Analysis
Institutional Flows