The negative crossover in daily and hourly momentum indicators signals a sell opportunity. Key support levels to watch are 24,265 (20-day moving average) and 24,000 (23.6% Fibonacci retracement level). A breakout above 24,860 could push the market towards 25,530, according to Jatin Gedia of Sharekhan.
Large Caps likely to outperform mid- & small-caps in Samvat 2081
Unique investors on the NSE rose by 2.14 crore since last Diwali, reaching a record high of 10.37 crore as of September 30, 2024. However,