Media Summary: Nifty's near-term supports could be tested today. Energy & metals are only game in town on long side. Read: ... Moderation of crude prices to aid market sentiment. Keep an eye out Indian markets may manage to buck the trend if Reliance Industries & Bank Nifty stay strong. Read more: ...
Trade Setup 4 March 2022 - Detailed Analysis & Overview
Nifty's near-term supports could be tested today. Energy & metals are only game in town on long side. Read: ... Moderation of crude prices to aid market sentiment. Keep an eye out Indian markets may manage to buck the trend if Reliance Industries & Bank Nifty stay strong. Read more: ... Synchronised inflation outbreak around the world makes strong upmove Gap area in at 16500-16370 will now be seen as immediate support Portfolio buying advisable in non-commodity linked baskets or stocks. Read:
Previous support of 16850 is now key resistance level in the short-term. Read: Risk-reward still not in favour of longs in banks; all eyes on MPC verdict. Read: Strong short-covering led moves continue, but index close to resistance zone. Keep an eye out