Nifty poised for further gains as technical indicators signal bullish momentum. Here's how to trade on Wednesday

Nifty on Tuesday ended 113 points higher to form a long bull candle on the daily chart and also hit a fresh record high intraday.

The underlying trend of Nifty continues to be positive. Having moved above the key overhead resistance of 24400 levels (1.618% Fibonacci extension), the Nifty could now advance towards another important resistance of 24960 levels (1.786% Fibonacci extension) in the near term. Immediate support is at 24250 levels, said Nagaraj Shetti of HDFC Securities.

BSE was founded on this day in 1875 🔥

📅 9 July 1875

It's Asia's first stock exchange 🥇

But BSE stock is going down on its birthday 😂

Sunteck realty cmp 570
UPSIDE POSSIBLE - 620/666+
TIMEFRAME - 1 MONTH

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Stocks Under F&O Ban

*Stocks added to F&O ban: Balrampur Chini Mills, Indian Energy Exchange*

*Stocks retained in F&O ban: Aditya Birla Fashion & Retail, Bandhan Bank, Chambal Fertilisers and Chemicals, GNFC, India Cements, Indus Towers, Piramal Enterprises*

Stocks removed from F&O ban: Hindustan Copper

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