As Nifty reversed its uptrend from the highs, one may look to reduce long trading positions or place strict stop loss for the longs. It is advised to create short trading positions for the immediate downside target of 17,330. Sectorally, banking, healthcare, realty, metal, and automobiles will show weakness in the coming weeks.
Peter McGuire expects continued gold and silver rally driven by central banks and Fed policy
Oil prices are expected to decline further, potentially reaching the $50s due to increased production and hopes for a Russia-Ukraine peace deal. This would benefit
August 11, 2025