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Sensex to see rangebound activity
The strategy should be to sell short at 60,700 and place a stop loss at 61,000.
Close below 20-day SMA broadly negative
57,800 could be sacrosanct support zone for Sensex; 58,300 and 58,500 would act as an important resistance zone for index; below 57,800 it could slip...
Counter-trend may continue for another 2-3 days
The market recovered smartly from the day low and closed at near day high.
Sensex forms bearish candle, signaling weakness
For traders, index likely to continue correction till 54800 if it trades below 55,400
Sensex forms Long Leg Hammer
For traders 54,000-53,800 would act as key support zone, above which index could rally up to 54,600-54,850; on the flip side, below 16000/53800...
IT, FMCG stocks pull indices lower
Selling pressure on the IT and FMCG stocks weighed on the Indian stock market on Friday.
Focus on tech, FMCG stocks
The market has formed a continuation formation followed by the formation of the Harami pattern which it had formed on Monday.
Equity indices trade flat, Nifty near 14,000-mark
Mumbai, Dec 31 The key Indian equity indices traded on a flat note on Thursday morning amid a choppy trade.Amid subdued trade across sectors, selling...
