Start your trading day with the Chanakya Market Dashboard—
⭐ Chanakya Market Mood
🟢 Market Bias: Moderately Bullish
📊 Best Sector: Banking, Financials & Capital Goods
Apollo Tyres – The stock has reclaimed all key moving averages including the 20 DMA, 34 DMA, 50 DMA and 89 DMA, while also moving above the 200 EMA,
Gift Nifty signals a strong positive opening for Indian equities after climbing above 24,400, supported by softer US economic data and improving global liquidity expectations.
Nifty – The bias is mildly bullish above 24,227, as the index continues to trade above its 20, 34, 50 and 89-day moving averages with improving momentum.
Bank Nifty – Is Bank Nifty ready to resume its short-term uptrend, or will resistance near 58,300 trigger fresh profit booking?
Reliance – The bias is mildly bullish above Rs.1,311, as the stock is trading above its 20-DMA and close to the pivot point after defending the Rs.1,300 zone.
