Media Summary: Strong short-covering led moves continue, but index close to resistance zone. Keep an eye out for media & PSU stocks. ... Tech, PSUs and metal stocks may hold steady in today's session. Read: It's difficult to see fundamental reasons for the to surge higher. Read:
Trade Setup 5 April 2022 - Detailed Analysis & Overview
Strong short-covering led moves continue, but index close to resistance zone. Keep an eye out for media & PSU stocks. ... Tech, PSUs and metal stocks may hold steady in today's session. Read: It's difficult to see fundamental reasons for the to surge higher. Read: As RBI & Fed hike rates, market expert Geoffrey Dennis shares his views on how markets may move in the short term. ... Leveraged longs imprudent; defence and soft commodity stocks may hold up. Read: Moderation of crude prices to aid market sentiment. Keep an eye out for autos and banks. Read:
Leveraged longs should be kept minimal while global developments play out. Read: Global mood likely to dominate opening hours. seems to have a cushion around 17700-17800. Read: ... It's prudent to avoid large overnight calls as we're not in a trending market. Read: Risk-reward still not in favour of longs in banks; all eyes on MPC verdict. Read:
