With the World Cup 2023 beginning from Thursday, cricket fever is running high in the country as India is exclusively hosting the ICC WC after a 12-year hiatus. In all, 48 matches will be played over the next one and half months. The Indian stock markets will not remain untouched from the carnival as fans spend on hotel bookings, travel, and food & beverages.Brokerage firm Way2Wealth has identified its playing 11 which could potentially turn out to be the stock market’s run machine.
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