Markets will oscillate in a range-bound manner till clarity emerges in political conundrum.
Currently, lack of momentum points to the possibility of a looming correction.
Investors should continue to look for quality stocks and should adopt a buy-on-dips strategy.
The market is ripe for a rally with the onset of the earnings season.
Amid adverse global developments, MPC may need to revamp policy rates and avoid status quo.
Buy-on-dips should be the strategy for traders with a stop loss placed at 9,900 for Nifty.
Trade war between US and China is causing an escalation of fear among investors.
Nifty bounced to test lower trend channel thereafter, resuming the downward journey.
The Nifty50 has broken the long-term trend line this week which was valid since last one year.
Pessimism surrounding PSBs may slowly turn positive when the recovery bounty begins.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon