Trade setup: Some consolidation likely as Nifty may take a breather
Still, Friday’s session may see some followup positive moves in the initial trade.
Milan Vaishnav CMT MSTA
Trade setup: Nifty remains prone to profit booking at higher levels
Thursday’s session is likely to see 11,745 and 11,810 levels act as stiff resistance.
Trade setup: Nifty needs to hold above 11,680 level to extend rally
Despite volatility, the 50-stock index managed to defend its 50-day moving average (DMA).
Trade setup: Nifty50 likely to fall further if it stays below 50-DMA
Given the sharp selloff, a mild technical pullback cannot be ruled out on Tuesday.
Trade setup: Nifty may see a mild pullback, but outlook is still weak
Monday’s session is likely to see 10,860 and 10,930 levels act as resistance.
D-Street week ahead: Nifty may see tech pullbacks, but no major surge
From the peak, VIX has corrected 51 per cent, while Nifty remains at elevated levels.
Trade setup: Short covering led Nifty rebound; don’t chase this momentum
On Friday, 11,950 and 12,000 levels may act as strong resistance points for Nifty.
Trade setup: Nifty shows fatigue, remains prone to profit booking
Thursday’s session is likely to see 11,960 and 12,000 levels act as resistance points.
Trade setup: Nifty may head either way from here; stay cautious
The market is showing multiple signs pointing towards a decisive move on either side.
Trade setup: Big rally unlikely as Nifty50 to consolidate a bit more
Tuesday’s session is likely to see 11,975 and 12,010 levels act as resistance points.
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