Markets Today- 24 Dec 24
Finally some green colors were seen in portfolios yesterday after lots of Red all around
But let me tell you many are smart enough to pump in some funds in buying Stocks, Mutual funds and NPS in last one week and used the opportunity in their favour.
Many messaged me asking if odds are over….??
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Well , the markets are in very crucial level.. First level is around 23680-23870.It may move sideways here . On upside stiff resistance is at 24100 and lower side if it breaks… 23350…, further correction can be expected. In short,, sideways market is always critical.
This can be seen in todays market opening which is likely to be FLAT… with market ready to swing anyways depending on day ahead.
FII were nearly flat yesterday… With DII doing bulk of shopping with +2228 cr.
Good news is US markets were up, and nearly all Asian markets r in green…
One cannot time the market to invest or sell.. So. Keep an eye on ur specific stocks or ETF and buy on dips. Time is still there to invest and take positions for long term and best pick is investment through ETF/MF.
Good news for TATA fans.. As TATA Capital IPO is under action… Work is on for same. May list in market in few months.
Huge money has been invested by investors in 5x IPO which closed yesterday… All the best to those who applied.
Some stocks which are likely to give some momentum in green
Bharat Forge
Prestige est
TVS
MIC elect
Silver gave some smiles yesterday with mariginal increase of 2% whereas Gold is steady at 78400 levels
Have a Safe day in market… Happy Investing!!
Note: All investments are subject to market risks. Please check the fundamentals and other stock market parameters carefully in detail before investing. Also, it is always good to consult a qualified financial advisor for stock market investments.
