“If we draw a trendline connecting the October 2021 high and subsequent highs, the Nifty50 is now steadily approaching the resistance zone of 17,900-18,000. This is a make or a break range for the Nifty50. If the index fails to move beyond 18,000, we could see a serious decline coming in,” said independent analyst Manish Shah.
Gold is even worse! What value investor S Naren has to say on most popular asset class
ICICI Prudential AMC’s CIO, S Naren, advises caution on gold investments, despite its current popularity, citing unattractive value compared to two years prior. He highlights