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Chirag Luthra posted an update
Just reviewed today’s close and Pulse of the Street is right, Friday’s surge indeed ended the volatile week in green. Nifty 50 touched its upper circuit for the day, not surprising given the buying spree in IT stocks. Still observing support levels around 23,500, RSI at 60, MACD looking bullish but need to see a sustained trend.
Chetan Joshi and Ankur Ganatra3 Comments-
Just saw those 11% rise of SpaceX stock news bcoz it reminded me of our tech stocks here in India, still lagging behind.
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Support levels strong as expected. Now looking at sectoral trends, what’s the story with FMCG stocks, anyone noticed?
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Haven’t checked FMCG charts closely, but will now.
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