Nifty’s short-term trend is strongly bullish after Friday’s significant surge. A brief consolidation or pause is possible before further upward movement. The next upside target, based on Fibonacci extension, is around 26,250. Immediate support is at 25,650, according to Nagaraj Shetti of HDFC Securities.
Earnings growth to drive stock selection, limited market upside in near-term: Aniruddha Naha
The last two quarters have been pretty suboptimal in the sense the earnings were below 10%, I think so this quarter will be no different
January 9, 2025