Nifty ended Tuesday’s session 218 points higher, forming a Piercing Line candle. The underlying short-term trend is on the verge of reversal. A move above 24500 could trigger a fresh upmove. However, a decline below 23900-2400 could indicate further weakness. Analysts suggest a buy-on-dips strategy above 24000, with resistance at 24,500-24,800.
MGL rides PNG adoption wave, analysts see further upside
Mahanagar Gas shares have surged on government’s push for piped natural gas adoption, aiming for a 20% customer base increase. This move is expected to
June 30, 2026