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This article explores a bearish trade setup for gold prices, pinpointing a critical support area that, if breached, could signal a deeper pullback on the horizon.
Weibo (NASDAQ: WB) stock is deeply undervalued and ripe for a reversal. The stock is trading at only 5x its earnings, the lowest among China's social media operators, and analysts see nothing but upside.
NVIDIA (NASDAQ: NVDA) ushered in a new age with the surge of AI and its lean into full-stack AI services. The company's leadership position is reflected in its results and stock price, which is still advancing.
Last week, Indian markets witnessed modest gains with Sensex and Nifty hitting new record closing highs in the last trading session led by a sharp rally in IT stocks.
The options data clearly indicated that 21,700 is expected to be an immediate hurdle for the Nifty 50, while immediate support may be at 21,600.