- 📈 Nifty’s Momentum: Nifty took 10 sessions to swing from the lower Bollinger band to the middle band, but only 3 sessions to reach the upper half. This indicates that the uptrend is gaining momentum.
- 🚀 More Upside Expected: Despite the fast pace of the rise, there’s still more potential for gains in the market.
- 🛠 GRSE Stock Surge: PSU defense stock GRSE saw a massive 30% jump last week and is expected to rally up to Rs 1,900.
- 💡 Buy on Dips: Anand James, Chief Market Strategist at Geojit Investment Services, recommends buying GRSE on dips, with a downside marker placed below Rs 1,520.
- 📉 Breakout in Progress: GRSE has been on a decline since February 2024 but is now trying to break out of a W pattern on daily charts, suggesting a possible reversal.
- 📊 Positive Signal: The stock has closed above the three-week high, hinting at a potential turnaround.
