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Market texture still non-directional
If Sensex slips below 73,700 level, then possible one quick intraday correction till 73,400-73,200 range
73,400 would act as support zone
As long as the index is trading above73,400, the positive momentum is likely to continue
Weak sentiment likely to continue
As long as the index is trading below 73,000 the weak sentiment is likely to continue
SMIDs under pressure as markets extend losses
New Delhi: BSE Sensex is now down more than 300 points as the markets extended losses on Monday. BSE Sensex is now at 71,218.82 points, down...
Positive momentum above 71,600 level may continue
On daily charts, BSE Sensex formed bullish candle which supports further uptrend from the current levels
Volatile market texture
Mumbai: On Wednesday, the benchmark indices continued profit booking as BSE Sensex was down by 536 points. Among sectors, despite weak momentum...
Nifty forms Doji candle
Nifty tested the 61.8% retracement level of last 2 days of fall in the last 3 hours; If Nifty sustains above 20,769pts for next 2 days, then it has...
Time to keep trailing stop losses
After testing the previous high and the sloping trendline drawn from Mar 2020, the index bounced to new highs