Dow Jones 30 Technical AnalysisThe Dow Jones 30 sits just above the 49,000 level as I record this video, and it looks like it is going to continue to see interest in this area, as it was previously resistance, and now is offering support. Even if we did break down below there, the 48,000 level is a major floor as well, especially as we have the 50-day EMA sitting just above there.I do think that the Dow Jones 30 will get to the 50,000 level pretty soon. At this point, all we need is some type of bullish cat ...

India’s benchmark index Nifty extended its winning streak to a fourth straight session on Tuesday though the gains were capped as selling in FMCG, IT, and metal stocks offset buying interest in energy, banking, and auto counters. As long as the index sustains above 24,900 levels, where its 50-day EMA is placed, the outlook remains positive.Commenting Vatsal Bhuva, Technical Analyst at LKP Securities said that Nifty faced selling pressure near its resistance zone of 25,200–25,250 today, indicating a possible ...