Nifty Financial Services shows bullish trend in near-term; details here

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Nifty Financial Services shows bullish trend in near-term; details here - Business Standard

Quick Summary:

For near-term traders, the optimal strategy is to book profits at current levels, given the proximity to resistance.

With the index closing within this resistance range, a period of profit booking is anticipated.

This stop-loss level is slightly above the current resistance range, allowing for some volatility while protecting against a potential breakout above resistance, which could alter the current trading strategy.