Ravi Nathani decodes trading strategy for Nifty IT, auto; Check key levels

Quick Summary:

In summary, the Nifty IT Index appears favorable for buy-on-dips strategies, with a positive bias for near-term traders.

This lower threshold would signal the possibility of deeper corrections, emphasising the importance of monitoring these support levels closely.

The Nifty IT Index is exhibiting a bullish trend on the charts, with upward momentum suggesting the potential for gains in the near term.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Nifty IT Share market Nifty it Stock market today Nifty50 Nse Nifty auto NSE Nifty50 Nifty IT auto Stock call BSE Sensex Nifty IT index Stocks Stock calls Markets Shares Ravi nathani call

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Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 06:26:22 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 455 words

Reading Time: 3 minutes read

Sentences: 20 lines

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Copyright Owner: © Business Standard

News ID: 23540101

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