The counter is showing strong bullish momentum and is ready to come out of more than 1-year of consolidation with a fresh lifetime high that may lead to a fresh expansion phase where Rs 1000 looks like an imminent target.
Nifty ends flat as resistance holds; cautious optimism likely for coming week
Nifty traded range-bound, closing nearly flat despite an RBI rate cut, as resistance near 26,300 capped gains. Weak market breadth and muted broader indices signal