Cummins Life Insurance

Cummins Life Insurance – In the week ending June 25, the market hit a weekend high of just under 15,900.

In our previous weekly commentary, we advised not to create a hanging man pattern in the weekly chart. Price had to break below 15,450 to trigger this, but the pattern was not confirmed as it moved away from 15,500.

Cummins Life Insurance

We also share our findings on the Nifty Midcap 50 index ranking at some critical levels. All these negative developments have not been completely ruled out, but the bulls seem to be in control here given the rally seen in the Bank Nifty last Friday. That is why the banking sector is a decisive factor in the future.

Explaining The Financial Safety Net Of Life Insurance

The next move in the coming sessions may push the Nifty towards the much-awaited 16,000 level, which may then increase to 16,200.

So it will be interesting to see how things develop in the banking sector. As for the supports, the immediate levels are 15,700 to 15,670 and the bottom is now at 15,450.

As long as the market defends these important supports, the short-term trend will remain up. However, we must avoid complacency and reiterate that it is better to continue the strategy at one stage.

Although timing is difficult, the market still tends to surprise whenever a rally goes too far without a significant correction. So, to be on the safe side, try to avoid aggressive overnight charged positions.

Pdf) Analyzing Firm Performance In The Insurance Industry Using Frontier Efficiency And Productivity Methods

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