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Nifty in an uptrend with higher volatility
Stay cautiously optimistic and apply strict money management rules. The index formed an open-low candle, which is bullish in nature
Markets still in positive mode
74,100 would act as a trend decider level,above which it could move up till 73800-74000. However, below 74,100, the market could retest the level of...
Time to stay on the sidelines
India VIX still at 10.27, which is not good for the trending market
Nifty signals positive bias in broader mkt
Forms an indecisive Dragon Fly doji candle; Rally will continue if the index closes above 22,394
Positive momentum likely in mkts
73,100 would act as a key support zone; So long as the index trades above the same, the pullback formation is likely to continue. Below 73,100, we...
Cautious investors booking profits
For the day traders 73,500 would act as a key level below which market could slip till 72,965. Above 73,500 the index could bounce back till...
Medium term texture of market still positive
As long as the index is trading below 74,500, it could slip up to 73,900-73,500. On the flip side, above 74,500 the sentiment could change and market...
Nifty slips to form a shooting star candle
For now, stay cautious and book profits