As long as the job market doesn’t show signs of weakness, equity markets may not correct much. Inflation is under control as far as our economy is concerned and falling crude oil prices will only help.
Tech view: Lack of strength limits Nifty’s breakout potential, key support at 23,150. How to trade on Friday
Nifty’s short-term trend remains positive, but lacks strength for significant breakouts. Key resistance levels are at 23,400-23,450, while immediate support is at 23,150. Analysts suggest
January 16, 2025