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Nikhil Bhatt | Research Analyst - SEBI - On the daily chart, we are observing that buy on declines would be the prudent strategy as possibility of profit booking at higher levels cannot be ruled out which would offer incremental buying opportunity to ride next leg of up move…., , sensex, stockmarkets
On the chart pattern suggests that if Nifty future crosses and sustains above 14707 levels it would witness buying which would lead towards 14777- 14808 levels. However if index breaks below 14606 levels it would witness selling which would take towards 14570-14533., , sensex, stockmarket
Nikhil Bhatt | Research Analyst - SEBI - Major Key level for the index now rests around 15474 while on the flip-side 14909 has developed as an elevated support zone & a prudent stop for trading momentum., , sensex, stockmarkets, Stock Market Daily Updates
Nikhil Bhatt | Research Analyst - SEBI - The recent consolidation in the index is in line with expectations and the market is expected to continue on bullish momentum based on current price action…., , sensex, Stock Market Daily Updates
Nikhil Bhatt | Research Analyst - SEBI - We expect some correction after each rally. We advise investors to use correction in the market as an opportunity to buy, on the other hand, traders should maintain extra caution due to the expected rise in volatility ahead., , sensex, Stock Market Daily Updates, stockmarket