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Trade Setup For July 10: How Nifty May React To TCS Q1 Results - Key Levels To Watch

The Nifty 50 started Thursday's session on a positive note and touched an intraday high of 24,134.70 in early trade. This level marked nearly a 61.8% retracement of the previous day's decline. However, the index failed to sustain at higher levels and gave up more than 150 points from the day's high in the second half of the session. Despite this late weakness, the index ended higher by 80.75 points, or 0.34%, and snapped its two-day losing streak. However, the close below the psychological 24,000 mark kept the recovery muted. Nifty Forms Inside Candle   Thursday's price action resulted in the formation of an inside candle. This came after the previous session recorded the widest single-day range in over one month. The latest candle had a small green body and a long upper shadow, which indicates hesitation at higher levels. This suggests that while buying interest emerged after the recent decline, traders were not confident enough to carry positions aggressively. ...

Is It Noah's Ark? Experts Find 5000-Year-Old Boat-Shaped Mound In Turkey

Archaeologists in Turkey have discovered what they believe to be ruins of a Noah's Ark-like vessel after excavating a geological site, the New York Post reported. The Mount Ararat and Noah's Ark Research Team is comprised of three Turkish and American universities, and their project began in 2021.

The team extracted aged rock and soil samples from a geological formation in Turkey, which they believe contained the ruins of the vessel. Their findings also determined that ''clayey materials, marine materials, and seafood'' were present in the area between 5500 and 3000 BC, according to the Turkish newspaper Hürriyet.

The Durupinar formation lies in the Doğubayazıt district of Ağrı, located less than two miles from the Iran-Turkey border. It is a 538-foot geographic feature made of limonite, believed by some locals to be the remnants of Noah's Ark.

According to legend, Noah loaded two of every animal onto a 150-meter-long ark to save them from apocalyptic flooding that drowned the Earth. In the Book of Genesis, it was the mountains of Ararat in what is now eastern Turkey where Noah's Ark came to rest after the flood.

The mountain stands at 16,500 feet and is carved out like an ark.

AICU Vice Rector Professor Faruk Kaya said, ''According to the first findings obtained from the studies, there have been human activities in the region since the Chalcolithic period between the years 5500 and 3000 BC. It is known that the flood of Prophet Noah went back 5,000 years ago. In terms of dating, it is stated that there was life in this region as well.

This was revealed in the laboratory results. It is not possible to say that the ship is here with the dating. We need to work for a long time to reveal this.''

While dozens of researchers and individuals have claimed to have located the ark, no one has ever been able to produce definitive evidence. The holy texts of three religions, Christianity, Judaism, and Islam, have all made references to Noah's Ark.


 



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