Our Services Are

Yesterday, NIFTY opened on a positive note and moved above the 24,000 mark in early trade. It made a high of 24,130 and eventually closed just below 24,100.

NIFTY has regained both the 20-DEMA (near 23,950) and the 10-DEMA (near 24,085), indicating improving short-term momentum. The index now faces resistance near the 50-DEMA, placed around 24,200. Fresh long positions should be considered only on a decisive breakout above 24,200. A sustained move above this level could open the path towards 24,600.

On the downside, the 23,900–23,800 zone will act as an important support area. Long positions can be maintained with a protective stop-loss below 23,800.