Nifty: Here’s why Dharmesh Shah is bullish on L&T
“Again, 23,500 to 23,700 remains to be the very strong support for the Nifty. On the higher side, again, we believe 24,500 will be acting as a stiff resistance for …
“Again, 23,500 to 23,700 remains to be the very strong support for the Nifty. On the higher side, again, we believe 24,500 will be acting as a stiff resistance for …
“Right now, it’s hard to say what to buy, but it’s best to wait for a reversal. Nifty has strong support at 23,800, with resistance around 24,600 to 24,700. Going …
“We believe 51,400 to 51,000 should be the strong support for Bank Nifty and we should see a gradual recovery for Bank Nifty too. So, banking, metals, power space as …
” Definitely, SBI for a long time, has seen a downfall today. But looking at the bigger picture for State Bank, I think there is a long way to go,” …
“The percentage of CNX 500 stocks trading above the 50-day moving average has improved from 48% to 65%. This suggests the rally should continue, also supported by strong global cues. …