Media Summary: Broader trend positive, but MPC decision to be key for the day today. Midcap IT showing promise with tech resurgence in the U.S. ... Investors must keep an eye out on paper, ethanol and defence stocks. Read: Quant indicators continue to show possibilities of pullback. Read:
Trade Setup 10 March 2022 - Detailed Analysis & Overview
Broader trend positive, but MPC decision to be key for the day today. Midcap IT showing promise with tech resurgence in the U.S. ... Investors must keep an eye out on paper, ethanol and defence stocks. Read: Quant indicators continue to show possibilities of pullback. Read: Gap area in at 16500-16370 will now be seen as immediate support for the index. Read: Markets near key supports; select quant indicators indicate pullback ahead. Read: 17500 remains a strong hurdle for but benign crude can help scale the resistance. Read:
Global markets unlikely to stage a large rally ahead of the FOMC decision. Read: While quant indicators point to a bounceback opportunity, risk-reward remains in balance. Read: bit.ly/3xQAWmd ... Bounce back to continue, still not in extreme greed zone. Banks, crude beneficiaries best plays to play the higher moves. ... Portfolio buying advisable in non-commodity linked baskets or stocks. Read:
