Tech View: Nifty breaches 200 DEMA, signalling bearish sentiment. How to trade on Tuesday

Date:

January 6, 2025

The Nifty faced selling pressure, closing below 23,700 and breaching the 200-day EMA, signalling a bearish trend. Failure to hold current levels could see support at 23,270 and 23,000. A breakout above 24,000 is crucial to restore bullish momentum, said Mandar Bhojane of Choice Broking.

Previous articleToday in Supreme Court History: January 6, 1964

Next articlePrivate Voluntary Bar Association Has First Amendment Right to Discriminate Based on Race, Sex, Sexual Orientation