Media Summary: While quant indicators point to a bounceback opportunity, risk-reward remains in balance. Read: bit.ly/3xQAWmd ... Gap area in at 16500-16370 will now be seen as immediate support for the index. Read: Weekly gaps are not getting filled in , pointing towards continued weakness. Read:
Trade Setup 16 June 2022 - Detailed Analysis & Overview
While quant indicators point to a bounceback opportunity, risk-reward remains in balance. Read: bit.ly/3xQAWmd ... Gap area in at 16500-16370 will now be seen as immediate support for the index. Read: Weekly gaps are not getting filled in , pointing towards continued weakness. Read: Some macro headwinds may impact this week. Keep an eye out for oil upstream companies. Read: ... Market likely neutral in positioning, but last week's gap ups induce confidence. Read: Investors across asset classes are treading with caution today. Find out why. Read:
Bulls hopeful as long as remains above the sacrosanct support of 16500–16400. Read: Sharp reaction to news in sectors like sugar/defence makes them difficult Bounce back to continue, still not in extreme greed zone. Banks, crude beneficiaries best plays to play the higher moves. ... Recent support suggests 16400–16370 getting defended successfully, remains key level for . Read: ... Nifty may be rangebound but it still remains in fear zone. Read: Nifty may see a gap down open following global cues. Here's everything you need to know. Read:
