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Markets still in positive mode
74,100 would act as a trend decider level,above which it could move up till 73800-74000. However, below 74,100, the market could retest the level of...
Market texture still non-directional
75,125 would act as a trend-deciding level; Above that, the market can move towards 75,350-75,500-75,800; Below 74,650, the market may retest...
MACD indicates fresh sell signal
For all long positions, the prior bar low is the strict stop loss
More room for upward journey
74,500 would act as a trend decider level, above which market could move up till 75,000-75,250. On the flip side, below 74,500 the market could retest...
Positive momentum is likely to continue
Market could find the resistance at 74,600-75,200. On the other side, below 73,300 the market could drag the index till 72,350
Market hovering in non-directional trading
Above 74,500, the market could rally up to 74,800-75,000. On the flip side, below 73,500 the market could retest the level of 73,100-7,800
Market in range-bound trading
73,700 and 74,100 would act as key levels to watch out, above 74,100 the market could rally till 74,500-74,600 and below 73,700, the chances of...
Profit booking halts 3-day bull run
Select offloading in pvt banking, auto stocks amid weak trends from the US markets and foreign fund outflows