Nifty Bank, Fin Svcs eye breakout: Should you wait or buy near support?

Quick Summary:

The Nifty Bank Index is currently range-bound on the charts, oscillating between 52,800 and 51,750.

It is crucial, however, to implement a strict stop-loss based on the range breakouts to manage potential risks effectively.

The optimal trading strategy for this index would be to monitor these levels closely and trade accordingly.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: BusinessFinance

Markets: India

Topics: Stock call Nifty chart analysis Nifty 50 Technical analysis Bse Tech calls Nifty charts Nifty financial services outlook Technical charts Nifty bank Nse

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-16 @ 06:32:21 (16 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 465 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 19 words per sentence (average)

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

Copyright Owner: © Business Standard

News ID: 21641984

View Article Analysis

About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 251 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

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

Publisher Details

Frequently Asked Questions