A break above 18600 could take Nifty to fresh highs: Kunal Shah

Analysts anticipate that bulls will regain control in the Indian equity markets once the Nifty index breaks above 18,600 on a closing basis. The breakthrough would confirm the creation of a new all-time high level for the index. Investors were advised to adopt a “buy on dip” approach with the overall market trend remaining bullish, despite the ongoing battle between the bulls and bears. Although the oil and gas sector is experiencing headwinds due to factors like geopolitical tensions and fluctuations in oil prices, the reality sector is experiencing optimism.

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