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Shantanu Bhargava of Waterfield Advisors expects buoyancy in the real estate sector to continue.

Shradha Sheth expects rates to remain steady throughout FY24, possibly initiating a gradual rate reduction cycle starting from June 2024.

The Nifty is maintaining robust bullish momentum, spurred by a breakaway gap, with 21,000 identified as a psychological target and the next milestone set at 21,500.

IDFC First Bank has seen a horizontal resistance trendline breakout adjoining multiple resistance points. The stock has formed bullish candlestick pattern with upper shadow on the daily charts, with above average volumes.

Immediate support for the Nifty has now shifted up at 20,500 odd levels, while immediate resistances for the Nifty are seen at 20,743 and 21,193.

HDFC Bank has decisively broken its downward sloping resistance trendline adjoining highs of July 3 and September 15, and formed bullish candlestick pattern with lower shadow on the daily scale.

The Reserve Bank of India (RBI) pursued a modest approach to increase interest rates relative to advanced economies, says Anil Rego.

Questor share tip: although Warpaint London’s shares have already soared, we think there should be further gains to come

Experts expect the Nifty to hit 21,500-22,000 points in coming months. The Nifty has formed bullish candlestick pattern with long lower shadow on the daily charts on December 5, indicating buying interest at lower levels.

On the higher end, amidst favourable conditions Nifty seems potent to test 20,400 - 20,500 in the comparable period.