Nifty Alert: Major Fall Possible Below 25300; Watch Bharat Electronics & Gold Trends

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Moneycontrol•12-01-2026, 12:18
Nifty Alert: Major Fall Possible Below 25300; Watch Bharat Electronics & Gold Trends
- •Nifty could see a significant fall to 24,900-24,800 if it breaks below 25,300 on the weekly chart, as sentiments turned negative after breaking 50 DEMA.
- •Rahul Ghosh suggests keeping an eye on Bharat Electronics as a good buy candidate on pullbacks due to its bullish weekly and monthly charts.
- •Gold is highly overbought across all timeframes; a rising Dollar Index suggests it may not perform well, with consolidation or sideways movement expected.
- •Titan Company is a strong buy on dips around 4,070-3,990 rupees, showing further upside potential due to strong quarterly updates and new highs.
- •For Nifty, go long if it closes above 25,940 (Friday's high) or short if it breaks below 25,300 for a target of 24,800.
Why It Matters: Nifty faces potential downside below 25300; consider Bharat Electronics and Titan, while gold may consolidate.
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