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Nifty Financial Svcs eyes key support level: check trading strategy here

Business Standard LogoBusiness Standard7h ago

Nifty Financial Svcs eyes key support level: check trading strategy here - Business Standard

Quick Summary:

On the other hand, the Nifty PSU Banks Index is still in a correction phase, with support at 6,400 and 6,275.

In both cases, patience is key as the indices approach significant levels for short-term trading strategies.(Disclaimer: Ravi Nathani is an independent technical analyst.Views are his own.

Until the index reaches these levels, it’s best to wait for the correction to fully play out before initiating new trades.


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Category: BusinessFinance

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-08 @ 07:18:09 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 487 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 22 words per sentence (average)

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

Copyright Owner: © Business Standard

News ID: 22944643

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Official Website: business-standard.com

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News Last Updated: 2 hours ago

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Publisher ID: #49

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