Nifty’s short-term trend is strongly bullish after Friday’s significant surge. A brief consolidation or pause is possible before further upward movement. The next upside target, based on Fibonacci extension, is around 26,250. Immediate support is at 25,650, according to Nagaraj Shetti of HDFC Securities.
Concurrent Gainers: 7 stocks that gained for 5 days in a row
In the five trading sessions prior to March 7, the Sensex rose by around 1.5%, or 1,134 points, closing at 74,333. The market ended on
March 8, 2025