[ad_1] Nifty Financial Services Index The Nifty Financial Services Index, currently trading at 21,198.40, appears to be range-bound on the charts with a range of 21,280 to 21,125. A breakout above or below this range could signal a change in the prevailing trend. Technical indicators, particularly the Relative Strength Index (RSI), are … Read more
[ad_1] Nifty Auto Index The Nifty Auto Index, currently trading at a CMP (Current Market Price) of 20,372.35, is showing a near-term downward trend on charts. The anticipated support levels are identified around 20,200 and 19,850. In light of this trend, the recommended trading strategy is to sell on rallies, with a … Read more
[ad_1] Nifty Energy Index Last close: 39,283 The Nifty Energy Index, currently at a CMP (Current Market Price) of 39283.15, witnessed a sharp selloff in the last hour of yesterday’s trading session, indicating a negative trend in the near term. Any technical bounce or pullback up to 39,650 is perceived as an … Read more
[ad_1] Nifty Energy Index Outlook: Book profits on the rise The Nifty Energy Index currently faces a formidable challenge as it approaches the stiff resistance level of 40,000. Several technical indicators signal an overbought condition, with the near-term Relative Strength Index (RSI) hovering at 70. This suggests a potential reversal in the … Read more