Shorts to run for cover above 24,200: Analysts
- Posted on January 6, 2025
- By Business News Today
- 2 Views
Shorts to run for cover above 24,200: Analysts
Strong support is placed at 23,300 which we expect to hold as it is the confluence of 61.80% retracement of the June-September rally (21,281-26,277) coinciding with the 52-week EMA at 23,350. Buying on dips in quality stocks would be the prudent strategy.
