Tech View: Nifty bulls awaiting breakout. What traders should do next week

November 24, 2023

The near-term uptrend status of Nifty remains intact. A sustainable up move above 19,900 could pull Nifty towards all-time highs and a decisive move below 19600 is likely to open a near-term downward correction for the market, said Nagaraj Shetti of HDFC Securities.

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Short-term market weakness likely; defensive sectors poised to outperform: Rohit Srivastava

Rohit Srivastava suggests the recent market rally from early April might be ending, entering a corrective phase influenced by geopolitics and the upcoming FOMC meeting.

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No near-term rally expected as weak earnings, global uncertainty weigh on sentiment: Dinshaw Irani

Helios Mutual Fund’s CEO, Dinshaw Irani, projects a steady market landscape ahead. He cites underlying economic weaknesses and global tensions as key factors influencing this

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