ADVERTISEMENT
Nifty 50 In Technical Charts: Hinged On The Election Outcome
How will the Nifty trade on Monday after the weekend state election results.
24 Nov 2024, 09:56 AM IST i

Save
.jpg?rect=0%2C0%2C3870%2C2177&auto=format%2Ccompress&fmt=avif)
Technical charts for Nifty show oversold conditions and bearish signals, indicating no imminent reversal; traders are advised to adjust strategies accordingly. (Image Source: Antonio Diaz/Freepik)
Market continues to behave as expected and that is certainly a relief! The whole idea of making forecasts is that we can draw a map along which we look for the trends to move so that we can take appropriate actions. In an arena filled with noise, we need all the help we can get. And so it was during the last week. In the earlier letter I had stated “…the next support zone to look for would be the 23215 area, being 61.8% retracement o...

I’m already a Subscriber
To continue reading this story
Subscribe to Unlock & Enjoy your
Subscriber-Only benefits
Subscriber-Only benefits
Choose a plan
Renews automatically. Cancel anytime.
Access to
Curated
Newsletters
20,000+
Research Reports
Priority Pass
to Special Events
Ad-Lite
Experience
Subscriber-Only
Rewards
NDTV Profit
Exclusive Stories
Full Access to
NDTV Profit App
Access to
20,000+
Research Reports
Ad-Lite
Experience
NDTV Profit
Exclusive Stories
Curated
Newsletters
Priority Pass
to Special Events
Subscriber-Only
Rewards
Full Access to
NDTV Profit App
Still Not convinced ? Know More
ADVERTISEMENT