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Here's how to trade Nifty Financial Services, PSU Bank indices on Sept 24

Business Standard LogoBusiness Standard5d ago

Here's how to trade Nifty Financial Services, PSU Bank indices on Sept 24 - Business Standard

Quick Summary:

The Nifty Financial Services Index has recently approached its resistance level of 25,000, which is a crucial round figure for short-term traders.

For short-term traders, a sell-on-rise strategy with a focus on profit protection and waiting for a better buying opportunity is the most prudent approach.

These support levels will provide more favorable entry points for those looking to participate in the next leg of the bullish trend once the market has corrected.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-24 @ 06:15:56 (5 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 507 words

Reading Time: 3 minutes read

Sentences: 24 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22678026

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 156 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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