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Stock Market Today: Can Nifty cross 23,000? Anil Singhvi shares trading strategy
Zee Business 3 hrs ago·23 Oct 2026, 3:11 am
Stocks Zee Business
The Indian stock market is currently at a critical juncture, with the Nifty 50 index hovering near the 23,000 mark. This level is a significant psychological barrier for investors, and the index's ability to sustain a move above it will be the primary focus for traders and analysts alike.
Market sentiment is currently divided, with bulls hoping for a breakout and bears watching for a rejection. Anil Singhvi has suggested a specific trading strategy to navigate this volatility. This approach involves managing risk carefully, as a breakout above 23,000 could trigger a fresh rally, while a sharp fall below a key support level might signal a deeper correction.
Investors should watch for volume on breakout days and the performance of key sectoral indices. A sustained move above 23,000 with high volume would be a strong bullish signal, whereas a failure to hold this level could lead to further consolidation in the near term.
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- Category: Stocks.
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A routine update. Use the price and stock snapshot to gauge how the market is responding.
