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Bearish bias below 74k level
For the traders now, as long as the market is trading below 20-day SMA, the market could retest the level of 73,200-73,000; Above the same, the market...
Room for broader mkt to correct more: Analyst
Investors should now focus on largecaps and quality midcaps. The turbulence in the market will give cherry picking opportunities
73.6K to act as a trend decider level
Below the same, the market could slip till 72,500-72,200. On the flip side, above 77,2800 a minor pullback rally possible till 73,000-73,100
Q3 earnings to set the tone for mkts
It’s better to stay with the large-cap stocks during the results season; The week (Jan 4-10) will continue to be volatile and choppy
Nifty forms big bearish candle
Benchmark index engulfed previous 3 days of price actions as it filled the last Friday’s gap; Tuesday’s decline in volume, which was higher than the...