Technical Views: Nifty in overbought zone, but 26,250 possible

  • Posted on September 23, 2024
  • By Business News Today
  • 1 Views
Technical Views: Nifty in overbought zone, but 26,250 possible

Nifty shows a sharp positive trend with a potential target of 26,250 and immediate support at 25,600. Analysts advise caution due to high FPI long-short ratios and overbought conditions. Stocks like HDFC Bank, Kotak Bank, Maruti, and L&T are forming bullish trends. Investors should consider stock-specific opportunities while monitoring key support levels.
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