According to a report by domestic brokerage JM Financial, the Nifty 50 's average return over one week following the Budget is 1.1 percent, which moderates to 0.6 percent over the next two weeks.
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Invalidation point: 26400. NIFTY 50 INDEX Daily Chart Technical Analysis and potential Elliott Wave Counts: NIFTY 50 INDEX daily chart suggests a major top in place around 26300 mark in September ...
The 20-day SMA stands at Rs 1134.03 compared to the EMA of Rs 1117.51. For longer periods, the 50-day SMA is Rs 1203.93, and the 100-day SMA is Rs 1237.70, with the EMA at Rs 1199.48. The 200-day ...