Analysts see Nifty climbing to 25,600, recommend buying on dips
The Nifty gained over 8.5% during the week, rising more than 2,500 points from 22,500 and reclaiming the 25,000 mark. Analysts see further upside towards 25,300-25,600, although elevated…
Attributed summary
The Nifty gained over 8.5% during the week, rising more than 2,500 points from 22,500 and reclaiming the 25,000 mark. Analysts see further upside towards 25,300-25,600, although elevated volatility and overbought conditions could trigger a brief consolidation. Buying on dips remains the preferred strategy.CHANDAN TAPARIA, HEAD – DERIVATIVES & TECHNICALS, WEALTH MANAGEMENT, MOTILAL OSWAL FINANCIAL SERVICES The Nifty has formed higher highs and higher lows over the last seven sessions,…
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