Nifty Daily Analysis
03-10-2024
Technically the bull run isn't over yet. Currently, 24677-25000 are the support zones. On the upside, we can see Nifty at 26567-27184 levels.
Market Overview
The USA has learned to live with the high-interest rates. If the USA has interest rates around 5-7%, then a growing economy like India should have interest rates around 9-12%. Money flow shouldn't be freely available to capitalists. Sometimes Banks avoid the pain for the short - term. I am of the belief that early pain is good rather than delaying it. Some massive upside in the market is waiting.
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