Daily Nifty 7th May 2026 Thursday 584 days. That is how long the market has tested our patience. But yesterday, the tide finally turned. 🌊 Nifty closed at 24,331, making a higher high and a higher close above the 50 EDMA. We’ve survived a 17.3% damage phase and a furious "Wave C" fall. Now, we enter the "X" recovery. ✅ Key Level for Today: 24,000 (The decisive floor) ✅ Big Fish Activity: Funds like SBI Mutual Fund and ICICI Pru are loading up on specific sectors. Our strategy? Simple: Buy during falls, avoid chasing rallies. The Discussion: "Are you holding through this volatility or looking for new entries in the Industrial sector? Let’s discuss in the comments!" https://t.co/8bjAryISXJ Compliance: "Disclaimer: I am a SEBI Registered Investment Advisor INA000020651. Investment in securities is subject to market risks. Content for educational purposes."
Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.