So, if you break 24,300, will we turn bearish on the market? The answer is probably not. So, it is just a support level that ideally you expect and hope that it holds. Breaking it by 100 points makes no difference to the outlook.
You have to see FMCG sector doing well. You have to see two-wheeler sector doing much better. You have to see the entry-level car markets
In the Nifty200 pack, six stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on May 16, according to stockedge.com’s technical scan data.
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