Market Mood - 23/09/2024
The market has crossed the historical resistance zone and has stopped with the trendline.
The trendline seems to be a powerful resistance zone.
The GIFT Nifty is trading at 120 points positive. Possibly the Nifty also will open gap-up.
If it opens in gap-up, it will try to fill in the gap intra-day (profit booking) and then we have to see whether the resistance trendline will offer any support.
The trendline seems to be a powerful resistance zone.
The GIFT Nifty is trading at 120 points positive. Possibly the Nifty also will open gap-up.
If it opens in gap-up, it will try to fill in the gap intra-day (profit booking) and then we have to see whether the resistance trendline will offer any support.
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