An analyst from Anand Rathi said that JSW Energy has corrected 49 per cent from its peak and is now rebounding from the 200-weekly EMA, forming an inverse head and shoulders pattern.
The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around ...
According to experts, the Nifty-50 index's key support zones are 22,400 and 22,300. Above these levels, it could bounce back ...
The Bank Nifty is likely to march toward 48,800-49,000 as long as it holds above 48,000 on a closing basis. However, 47,800 is expected to be the key support zone, according to experts.
The market trend is expected to remain positive amid consolidation. Below are some trading ideas for the near term.