Technically the structure is still bullish and Nifty stands at the strong polarity support, failing to hold which the index is likely to see a further correction towards 17,650 – 17,500 zones. Only a sustained close above the 18,200- 18,250 zone is likely to trigger bullish momentum toward 18,450 – 18,500 levels,” Rohan Patil, Technical Analyst, SAMCO Securities, said
Bitcoin trades near $76K, Ethereum at $2,240 as tech selloff, strong US jobs data weigh on crypto markets
Bitcoin hovered near $76,000 and Ethereum around $2,240 as technology stock weakness, AI spending concerns and US crypto legislation uncertainty weighed on sentiment. Despite modest