According to Hrishikesh Yedve of Asit C. Mehta Investment Intermediates, if the Nifty sustains above 23,460, a short-term pullback toward 23,800-23,900 is likely. However, resistance is expected near 23,930, where the 200-DSMA is positioned. Falling below 23,460 could lead to further weakness, potentially dragging the index down to the 23,300-23,200 range.
Meesho shares drop 4% after block deal worth Rs 900 crore. Should you buy the dip?
Meesho shares witnessed a dip on Wednesday after 3.86 crore shares changed hands in a block deal worth Rs 899.71 crore on the BSE. The