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The NIFTY 50 India daily chart, based on Elliott Wave Theory, indicates a bullish trend in an impulsive mode. The current wave structure focuses on Navy Blue Wave 1, which has recently started, ...
As long as the Nifty 50 stays above 23,600, the upward journey toward the 23,800-24,000 zone is likely. However, below 23,600, consolidation may be seen, with support at 23,400, experts said.
The Nifty remained mostly sideways during the session before closing slightly lower. On the lower end, the fall was limited to around 23,700, while the upside was capped at approximately 23,800.
What does Nifty 50 represent? The Nifty 50 index, a key benchmark in India, comprises 50 diverse, actively traded companies across sectors like banking and IT. Investors use it to gauge market ...
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all ...