Deprecated: Function create_function() is deprecated in /home/u825433339/domains/newzzic.com/public_html/wp-content/themes/zox-news-child/functions.php on line 57
Market heading into Diwali with a mood of profit-booking - Newzzic
Deprecated: WPSEO_Frontend::metadesc is deprecated since version WPSEO 14.0 with no alternative available. in /home/u825433339/domains/newzzic.com/public_html/wp-includes/functions.php on line 4727
Connect with us

Business

Market heading into Diwali with a mood of profit-booking

It was a second consecutive week of fall in the Indian equity market where Nifty and Sensex fell by around 2.5% and it was one of the worst week in 8 months. Technically, Nifty has slipped below its 20-DMA and near term texture has changed to ‘Sell on the rise’ from ‘Buy on the dip’ where 50-DMA is immediate support which is currently placed at 17565 level while 17450-17250 will be the next critical support zone where we can expect the market to bounce-back.

View Full Article

Disclaimer

This news content is a computer generated summarized version of the original article and the authenticity of the original content has not been verified. Please click on the View Article button to refer to the actual content. 

Related Topics:

Trending