Nifty may test 25,800, Bank Nifty 60,200 in coming week: Experts
New Delhi, Nov. 8 -- Nifty is likely to maintain its bullish momentum in coming week, with immediate resistance placed at 25,350-25,800, while Bank Nifty could move towards 60,200, market experts said on Sunday, November 8, pointing to a positive technical outlook for Indian equities despite the possibility of intermittent profit booking.
Following a six-day rally through November 5, investors will now look towards the special Muhurat Trading session on Sunday to mark the beginning of Samvat 2083, the Hindu financial year. The one-hour trading session, scheduled for the afternoon as part of Diwali celebrations, is traditionally considered auspicious for making fresh investments.
"On the technical front, Nifty has immediate support in th...
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