New Delhi, Sept. 24 -- On Tuesday, 23 September, Indian equities traded in a range-bound manner throughout the session. The markets opened with a gap-down but gradually recovered most of the early losses as selective buying emerged across sectors. Momentum remained capped, and indices oscillated within a narrow band, eventually closing slightly lower.
Why it's recommended: NMDC is showing strong short-term momentum as it sustains above key support levels. The daily RSI at 70.70 highlights robust bullish strength, while the MACD at +1.58 confirms a positive trend continuation. The ADX at 27 signals healthy trend strength, suggesting that the upmove is supported by a firm underlying structure. Price action holding above Rs.77 reflects dema...
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