Tag: Bank Nifty outlook

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Trade Setup For June 19: Nifty Faces Key 24,000 Support Test As Accenture Outlook Sparks IT Sector Concerns

Despite extending gains for a fifth straight session, Dalal Street may open lower on Friday as weak guidance from Accenture weighs on technology stocks. Analysts see 24,000 as a crucial support level for Nifty, while Bank Nifty continues to show relative strength.

Nifty Stuck In Consolidation Mode As Iran Tensions Weigh On Sentiment; Key Levels To Watch Today

Indian benchmark indices are expected to remain in a consolidation phase in the near term as escalating geopolitical tensions and weakening technical indicators keep investors cautious.