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TRADE SETUP FOR FRIDAY

Trade setup: Nifty may consolidate in 12,111-12,216 zone; 50-DMA is strong support

The Relative Strength Index (RSI) on the daily chart stood at 49.85 and stayed neutral.

Trade setup: Nifty needs to top 20-DMA at 12,200 to stabilise

The RSI on the daily chart stood at 48.84 and marked a fresh 14-period low, whi...

Trade setup: Nifty50 may stage a pullback; outlook is still bearish

As of now, the 50-DMA at the 12,104 level has been acting as a support on...

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