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Stock Market
Markets at new all-time high, Nifty trades above 24,500 for first time
Markets
RSI failed to move into strong bullish zone
Time to avoid trading for next 2 sessions
MACD nearing zero line
Infotech
Sluggish global demand for IT services
Technology
Tough demand environment continues for IT services
More consolidation likely
Nifty Pharma index at 52-wk high
Charts indicate indecisiveness in mkt
Wait for a breakdown at 19,560 level for shorting
Charts indicate over-extension of rally
Charts indicate exhaustion in rally