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Monday, December 23, 2024 | 01:49 PM ISTEN Hindi

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Want to invest in stocks? Here's how to play the market ahead of Budget

Till the Nifty is trading above 10,600 levels, one should not be negative on the overall trend. Every dip should be seen as a buying opportunity with an intention to stay in trade

stocks, shares
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Markets ahead of Budget

Avdhut Bagkar Mumbai
BSE Sensex: The index has managed to climb to 39,550 levels successfully, which was the resistance earlier. However, the index needs to cross 40,100 for a bigger breakout as per the daily chart. That said, the current trend remains positive, as the index trades above major support of 38,900. The momentum shows a consistent effort to absorb selling arising towards 40,100 levels. The technical indicator - RSI (Relative Strength Index) - has made a positive crossover, a sign of a possible rally ahead. CLICK HERE FOR DETAILED CHART VIEW
 
Nifty50: Though the

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