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Nagaraj Shetti

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Nifty shows bullish momentum aiming for 24350 resistance level
The Nifty 50 began the December series strongly, rising nearly 1% to close at 24,131 after a previous decline, indicating a bullish reversal. Support is seen at 23,900, while the index aims to overcome the crucial resistance at 24,350, with potential for further gains towards 25,000. Technical indicators suggest a positive trend, reinforcing expectations of continued upward movement.
Moneycontrol
Hdfc Securities Ltd. IND Nagaraj Shetti
Finance & Economy, Market Report
12:30 29.11.2024
Nifty faces hurdles ahead as bulls show signs of potential rebound
The Nifty 50 closed at 24,399, down 36 points, marking its fourth consecutive day of decline. Despite forming a Doji candlestick pattern, which suggests a potential rebound, the overall negative trend raises concerns about sustainability, with resistance expected at 24,500-24,600. A drop below 24,300 could lead to further selling pressure.
Moneycontrol
Hdfc Securities Ltd. IND Nagaraj Shetti
Finance & Economy, Market Report
13:34 24.10.2024
nifty 50 struggles to maintain support as bears tighten grip
The Nifty 50 continued its downtrend for the third session, closing at 24,436 after hitting a low of 24,378. It must hold the 24,350-24,400 range to potentially bounce back towards 24,600-24,700; otherwise, it risks falling to the 24,000 support level. A move above 24,605 could signal a short-term positive shift, despite the prevailing negative chart pattern.
Moneycontrol
Hdfc Securities Ltd. IND Nagaraj Shetti
Finance & Economy, Market Report
13:25 23.10.2024
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