Nifty nearing all-time high, experts see 25,800-26,000 as key resistance
Nifty's on a roll, climbing for the third week straight and now just shy of its all-time high of 26,277.
Analysts say if it can break past the 25,800-26,000 resistance zone, there's room for even more growth.
But if it stalls, a dip toward 25,000 could actually be a good entry point for investors looking to buy.
Where to invest?
Experts are recommending sectors like banking, financials, autos, and FMCG right now, with stocks such as Hindustan Unilever and Colgate Palmolive standing out for their strong charts.
They suggest a "buy the dip" approach, especially with large and midcap companies that show steady earnings.
On the flip side, they're urging caution with IT and media stocks, as well as smallcaps, since those areas are looking a bit shaky at the moment.