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Limited upside move possible
In any case, it closes below Monday’s low of 22,550pts, which will give a weaker signal; Stay with cautiously optimistic; Put-Call Ratio for weekly...
Market is largely positive
Technically, the market’s medium-term structure is positive, but due to temporary overbought conditions, we may see range-bound activity in the near...
Momentum remains negative despite bounce back
Traders should remain cautious and use proper hedges and not trade without stop loss
Be a trend follower on Interim Budget Day
Crossing the level of 72,000 would help the market to move towards 72,450 and 72,900 levels. Below the level of 71,500, the market would turn weak and...
Investors in wait n watch mode
Mkts fall further on selling in HDFC & IT shares, weak global trends; Lack of fresh triggers and concerns over valuation influenced investors to stay...
Buy on intraday corrections and sell on rallies
On Monday, the benchmark indices witnessed a stellar rally.
Time to book partial profits in overbought mkt
Monday’s candle is completely above the Bollinger bands and shows an overbought condition; Nifty may retrace towards upper Bollinger band, which is...
Nifty yet to form bearish bias as of now
Stay on sidelines as long as it trades above 19695 and below 19875. We may not get good trades in this zone. Stay calm
