positive
Nifty Holds Above Key Support as Analysts Target Fresh Rally
Technical analysts observed that the Nifty index is currently holding above its 21-day moving average, with buying interest seen around the 25,900 level. Market participants suggest that any dips towards this support zone could offer fresh buying opportunities, as investors expect the index to maintain upward momentum. A decisive breakout above the 26,100 resistance level would signal a potential rally, with analysts setting a target range of 26,300–26,500.
This could mark a fresh leg of growth for the index, supported by improving market sentiment and technical indicators.
Tags:
- markets
- nifty
positive
Nifty Holds Above Key Support as Analysts Target Fresh Rally
Technical analysts observed that the Nifty index is currently holding above its 21-day moving average, with buying interest seen around the 25,900 level. Market participants suggest that any dips towards this support zone could offer fresh buying opportunities, as investors expect the index to maintain upward momentum. A decisive breakout above the 26,100 resistance level would signal a potential rally, with analysts setting a target range of 26,300–26,500.
This could mark a fresh leg of growth for the index, supported by improving market sentiment and technical indicators.
Tags:
- markets
- nifty
Breaking
positive
Nifty Holds Above Key Support as Analysts Target Fresh Rally
1 min read
86 words
Nifty is holding above its 21-day moving average with buying interest around 25,900, and analysts foresee a rally towards 26,300–26,500 on a breakout above 26,100.
Technical analysts observed that the Nifty index is currently holding above its 21-day moving average, with buying interest seen around the 25,900 level. Market participants suggest that any dips towards this support zone could offer fresh buying opportunities, as investors expect the index to maintain upward momentum. A decisive breakout above the 26,100 resistance level would signal a potential rally, with analysts setting a target range of 26,300–26,500.
This could mark a fresh leg of growth for the index, supported by improving market sentiment and technical indicators.
Technical analysts observed that the Nifty index is currently holding above its 21-day moving average, with buying interest seen around the 25,900 level. Market participants suggest that any dips towards this support zone could offer fresh buying opportunities, as investors expect the index to maintain upward momentum. A decisive breakout above the 26,100 resistance level would signal a potential rally, with analysts setting a target range of 26,300–26,500.
This could mark a fresh leg of growth for the index, supported by improving market sentiment and technical indicators.
Tags:
- markets
- nifty
- markets
- nifty
- technical analysis
- stocks