Thursday's market closed higher, but gains were tempered by mixed global economic signals and growing investor concerns about an earnings slowdown, awaiting new triggers. Nevertheless, driven by positive market sentiment, the Nifty index reclaimed the 25,000 mark for the first time in three weeks, marking its seventh consecutive day of gains; the Sensex extended its upward momentum for the fourth consecutive day. With the economy recovering in September, the market is likely to remain strong!
In the short term, the Nifty index is expected to fluctuate between 24,400 and 25,200 points. Pending the finalization of the US-India trade agreement or other positive factors, we can continue to trade this strategy in terms of direction. In the short term, if you see gains in your stocks, you can sell them or wait for the announcement of stronger stocks in the group.
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