During Thursday’s trading session, the benchmark index Sensex witnessed a significant decline, shedding approximately 542 points and settling at 65,240. Notwithstanding this notable market downturn, 7 stocks listed on the BSE financial services index achieved fresh peaks in the previous 52 weeks. The 52-week high serves as a crucial technical gauge for assessing a stock’s present worth and for anticipating potential shifts in its price. This figure signifies the maximum price at which a stock has been transacted throughout the past year.
Tech View: Nifty’s near-term trend weak; breakout above 23,350 may trigger upside bounce. How to trade on Thursday
The Nifty’s near-term trend remains weak, with the lower tops and bottoms pattern intact. The current pullback aligns with a potential new lower top, pending
January 15, 2025