Business Standard

Thursday, January 09, 2025 | 06:49 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Stock calls by Tradebulls Securities: Buy Mahindra and Mahindra, ACC

Nifty outlook and top trading ideas from Sacchitanand Uttekar, DVP - Technical (Equity), Tradebulls Securities

For a liquid secondary market
Premium

Sacchitanand Uttekar Mumbai
Nifty outlook and top trading ideas from Sacchitanand Uttekar, DVP – Technical (Equity), Tradebulls Securities

Nifty Outlook:

Nifty continued its upward journey moving past 10900 levels as expected. The index is comfortably trading above its 200 DEMA with Daily RSI yet to witness overbought levels suggesting a further room on the upside till 11150 levels. Fresh writing at 10800 PE reaffirms the support moving higher and underlying bullish strength building up with broader participation. The index closed above its previous peak of 3rd Dec at 10941 with no visible signs of exhaustion hence traders should maintain their long bias with a stop

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in