**Nifty 50 Index Technical Analysis - June 2024**
The Nifty 50 index closed at **₹23,632.20** on June 18, 2024, showing a modest gain of 0.32%. The technical outlook for Nifty indicates a critical juncture, with a potential for both further upside and downside risks.
### **Technical Patterns and Indicators:**
#### **Price Channels:**
- **Ascending Channel:**...
**IRCON International Ltd (NSE: IRCON)** is currently experiencing a retracement from its recent high of ₹301.45, down 1.84% to ₹268.90. The stock is testing support around ₹266.68 (23.6% Fibonacci level) within a long-term ascending channel. Key resistance levels are ₹301.45 and above, with support at ₹226.68. The RSI indicates potential further...
