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The Economic Times — Marketseconomictimes.indiatimes.com

Street Signals: Technical charts point to further upside for Nifty (opens original article in a new tab)

TL;DR

Technical charts suggest the Nifty may rise further to 24,300-24,600, with analysts advising buying on dips and highlighting key support and resistance levels. Specific stock recommendations include Britannia Industries and Grasim Industries with target prices and stop loss levels.

  • Nifty's recent upmove could continue towards 24,300-24,600 with possible near-term consolidation.
  • Analysts recommend buying on dips with key support at 23,700-23,900 and resistance at 24,200-24,400.
  • Specific stocks like Britannia Industries and Grasim Industries are recommended with target prices and stop loss levels.

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