Stock Market Today: Should you book profit in Nifty IT, Metal indices?

Quick Summary:

This level is particularly critical as the index is nearing a new lifetime high, and no historical resistance levels are available to guide further movements.

Accumulation near the aforementioned support levels, once the correction stabilises, would provide a more favorable risk-reward setup for re-entering the market.

The Nifty IT Index is demonstrating an upward trend in the near-term, with the next significant resistance level identified at 45,550, derived from pivot-level analysis (R4).

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: BusinessFinance

Markets: India

Topics: Markets Nifty it share price Market news Nifty metal Nifty it index fund Business standard Nifty metal stock list Nifty it chart Nifty it Nifty it index today Nifty it stocks Nifty it index Nifty metal tradingview Nifty metal index stocks Stock market news Nifty metal share price Stock market today Nifty metal chart Stock market Stock market nifty

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-12 @ 06:45:55 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 476 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 20 words per sentence (average)

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

Copyright Owner: © Business Standard

News ID: 24365642

View Article Analysis

About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 288 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