Ravi Nathani

Stock market today: What are the key support, resistance levels for the Nifty Pharma, and Energy indices? What should be the trading strategy? Here is your trading guide for stock market today

Nifty Financial Services, Auto index outlook: How to trade these indices on Tuesday, December 10, 2024? Here's your trading guide

Nifty50 index is exhibiting a bullish trend in the near term, supported by positive signals from technical indicators, while, Nifty Midcap Select index is trending bullish on charts

The Nifty Energy index is on the verge of a significant breakout, while, Nifty FMCG index is showing signs of a technical rebound

Nifty IT index remains range-bound, trading between 44,400 on the upper side and 42,800 on the lower side, while, Nifty Auto index is currently exhibiting a bearish trend in the near term

The Nifty 50 index has closed near a significant resistance level of 24,540, while the Nifty Bank index is at a pivotal juncture

The Nifty metal index is poised for a minor correction in the near-term following a sharp decline, while, Nifty consumption index is exhibiting a range-bound movement in the near term

The Nifty Energy index is currently consolidating, while, Nifty FMCG has witnessed a temporary technical bounce

The Nifty IT index has recently witnessed a sharp rally, while Nifty Auto is currently in a consolidation phase following a sharp correction

The Nifty Bank index is on the brink of a potential breakout, with stiff resistance at 52,580, while, the Nifty Financial Services index is currently exhibiting a bullish trend

The Nifty index has witnessed a sharp correction, positioning it firmly in the oversold zone, Nifty Midcap Select index is currently exhibiting range-bound behaviour

The Nifty FMCG index is currently exhibiting a downward trend in the near term, while Nifty Pharma index continues to exhibit a bearish trend in the near term

The Nifty Financial Services index is trading within a narrow range of 23,500-23,075, meanhwile, the Nifty Bank index is currently trading within a well-defined range of 50,650-49,800

The Nifty index, currently trading at 23,532.7, has undergone a sharp short-term correction, pushing it into oversold territory

Nifty Metal is currently approaching critical support levels between 8,800 and 8,700, while Nifty Pharma Index shows a clear downtrend on the charts

Nifty Energy is currently trading near critical support levels, around 37,700 and Nifty FMCG is showing a clear downtrend on the charts, with a key support level anticipated around 55,900

The Nifty IT Index is exhibiting a bullish trend on the charts, while Nifty Auto is indicating that any decisive move above or below 24,250 and 23,250 levels could signal a new trend direction

A decisive close below 23,880 could lead the index further down to test support at 23,636 and, if necessary, 23,364

The Nifty Energy Index is currently trading within a well-defined range between 39,700 and 38,150

The Nifty 50 index has been trending downward recently, closing at 23,995.35.