

Stock Recommendations and Short-term Returns

Pravesh Gour

Online

August 2, 2023
Pravesh Gour, senior technical analyst at Swastika Investmart said,''Nifty recently respected its 20-day moving average (20-DMA), showing potential strength. To confirm further upward momentum, Nifty needs to cross the 19,825 level. Once above this, we can anticipate a move towards 19,950–20,000 range. However, if Nifty slips below its 20-DMA of 19,600, it might indicate a correction towards 19,300-18,888 levels.''Read more:
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