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Stock Market Live Updates: Market rebounds 0 50% amid volatility, but analysts warn of selling pressure

Stock Market Live Updates: Market rebounds 0 50% amid volatility, but analysts warn of selling pressure
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Share Market Highlights 24 January 2024: Sensex closes over 650 pts higher; Nifty above 21,450; Media stocks shine

Share Market Highlights 24 January 2024: Sensex closes over 650 pts higher; Nifty above 21,450; Media stocks shine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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Stock Market Live Updates: Sensex and Nifty turn volatile despite positive start; analysts warn of increased selling

Stock Market Live Updates: Sensex and Nifty turn volatile despite positive start; analysts warn of increased selling
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Market Trading Guide: IDFC First Bank among 2 stock recommendations for Wednesday

On the technical charts, Nifty formed a huge bearish engulfing candlestick. It broke the crucial support of 21,300 with a head and shoulder pattern. Now the next support lies at 21,000 coinciding with the 50-day moving average (DMA), says Sheersham Gupta, director and senior technical analyst at Rupeezy

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Market Trading Guide: BSE among 2 stock recommendations for Wednesday

BSE is seen to be breaking out of a pattern formation and making a bullish candlestick on the daily timeframe, which indicates strength.

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