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Next rally hinges on 23,800 breakout, says Dharmesh Shah on Nifty outlook
The domestic equity market experienced a strong intraday recovery, with the Nifty rebounding sharply and experts suggesting a 'buy on dips' structure. Key support is identified at 23,100–23,200, with potential upside towards 24,400 by June 2026. The metals and pharma sectors show continued strength, with JSW Steel and Caplin Point highlighted as top picks.
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economictimes.indiatimes.com
Market Trading Guide: 2 stock ideas for Monday with up to 8% near-term gains
Nifty ended lower on Friday, breaking a two-session winning streak as banking, metal and realty stocks dragged the index below the 23,800 zone. Analysts see a bearish setup with…
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Ahead of Market: 10 things that will decide stock market action on Tuesday
Indian indices were subdued with Nifty up 0.03% and Sensex down 0.10%. High volatility (VIX at 19.63) and bearish momentum indicators suggest near-term weakness. Analysts expect…
