New Delhi, Sept. 16 -- On Monday, Indian equities had a gap-up opening but spent the entire session moving sideways as buying and selling pressures balanced out. Despite the lack of clear direction, the Nifty 50 managed to hold above 25,000, which acted as a key psychological support throughout the day. However, weakness crept in during the latter part of the session, dragging the benchmarks into the red by close.
Why it's recommended: L&T Finance is displaying strong upward momentum with the daily RSI at 74, firmly in bullish territory. The MACD is positive at 7.5, confirming trend continuation, while the ADX at 39 highlights solid underlying trend strength. The stock has been making higher tops and higher bottoms, supported by healthy ...
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