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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. ...

Gang Members Throw Bombs To Celebrate Birthday, Paraded Through Same Market

The police paraded them through the very market where they fired gun shots, threw down bombs in a busy market to celebrate the birthday of their gang leader in Uttar Pradesh, showed a video.

The incident, which was reported from the Lal Bangla area of Kanpur, took place on Wednesday.

CCTV footage helped zero in on the suspects and the police arrested three people.

The three arrested have been identified as Sahil (18), Debu Kumar Valmiki (27), and Razjulla (23).

The video showed that the men, surrounded by cops, were taken around the same busy market to restore confidence among the people.

A senior police officer assured that under no circumstances will the social peace be allowed to be disturbed.

"The police is keeping an eye on some of the associates of the three accused who have been arrested now and appropriate action will be taken against them," said the senior police officer.

(With inputs from Arun Agarwal)
 



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