Media Summary: Risk-reward still not in favour of longs in banks; all eyes on MPC verdict. Read: Risk-reward ratio favours midcaps over largecaps; keep an eye out on tech & metal stocks. Read more: bit.ly/3s1upit ... It's difficult to see fundamental reasons for the to surge higher. Read:
Trade Setup 8 April 2022 - Detailed Analysis & Overview
Risk-reward still not in favour of longs in banks; all eyes on MPC verdict. Read: Risk-reward ratio favours midcaps over largecaps; keep an eye out on tech & metal stocks. Read more: bit.ly/3s1upit ... It's difficult to see fundamental reasons for the to surge higher. Read: Bank may likely remain rangebound ahead of MPC meet outcome. Read: Leveraged longs should be kept minimal while global developments play out. Read: Caution returns as Covid-19 cases rise and Trump trains his guns on WHO now. Indian market may also lose some of the ...
Gap area in at 16500-16370 will now be seen as immediate support for the index. Read: Synchronised inflation outbreak around the world makes strong upmove for difficult to envisage. Read: ... Premiums on both and Nifty Bank significantly higher, may consolidate/correct going ahead. Read: ... Moderation of crude prices to aid market sentiment. Keep an eye out for autos and banks. Read: