Media Summary: Markets largely echoing global stock markets' optimism amidst oversold conditions. Read: Nifty may be rangebound but it still remains in fear zone. Read: Sharp reaction to news in sectors like sugar/defence makes them difficult
Trade Setup 22 June 2022 - Detailed Analysis & Overview
Markets largely echoing global stock markets' optimism amidst oversold conditions. Read: Nifty may be rangebound but it still remains in fear zone. Read: Sharp reaction to news in sectors like sugar/defence makes them difficult Some macro headwinds may impact this week. Keep an eye out for oil upstream companies. Read: ... Global cues may weigh on index performance in the first half of Bulls hopeful as long as remains above the sacrosanct support of 16500–16400. Read:
Risk-reward favourable for high risk traders, but caution warranted on size of positions. Read: Recent support suggests 16400–16370 getting defended successfully, remains key level for . Read: ... Bank may likely remain rangebound ahead of MPC meet outcome. Read: Index may stall or consolidate while specific stock movement continues. Read: Investors may shift focus to the monthly derivatives expiry in the second half; 15700 remains crucial support for . ... There's prudence in limiting positions and keeping existing leveraged positions hedged. Read:
