The record
Written from the 1 report below. Nothing here is unsourced.
- The Nifty index has broken out of a consolidation range it had held for nearly four months, moving above a range of around 1,532 points on the daily chart.
- With support levels rising to 24,600, the breakout is seen as significant.
- It suggests the potential for further gains in the index.
What to watch next
- Whether the Nifty sustains above the newly raised support level of 24,600
- Whether the breakout leads to further gains as suggested
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Named India · Nifty
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