Indian stocks closed higher, driven by strong gains in metal stocks and investor optimism ahead of the Goods and Services Tax Council meeting. Markets are expected to remain range-bound, with global trends and industry shifts shaping sentiment, and the committee's decision likely to play a key role.
Technical Analysis: Nifty currently faces resistance at 25,200, with support at 24,400. The market is trading within this range for the short term, so consider buying at 24,400 and selling around 25,200.
The domestic market has recently begun to rise, and most stocks have followed suit, experiencing varying degrees of gains. This demonstrates that my strategy of holding on to stocks and waiting for a rally during the previous period of decline was correct.
Regarding stocks: Yesterday, I shared the stocks RATEGAIN and CGPOWER. Keep an eye on them, hoping to buy low and sell high! RATEGAIN has yielded returns exceeding 7%, so we'll remind you to sell them in the coming trading days! Please monitor here for updates and be patient!
Add New Blog
Edit Blog
Success! Your content has been copied to clipboard.