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Trade Setup For Monday: Top 15 Things To Know Before Opening Bell

Trade setup for Monday: Top 15 things to know before Opening Bell
The near term downside targets to be watched for Nifty around 13,050 (20-week EMA) for the next few weeks, said Nagaraj Shetti of HDFC Securities.
Sunil Shankar Matkar
February 01, 2021 / 08:40 AM IST
The market remained in bear trap for sixth consecutive session on January 29 as traders maintained cautious stance ahead of Union Budget on Monday, the big event of the year.
The BSE Sensex plunged 588.59 points or 1.26 percent to 46,285.77, while the Nifty50 fell 182.90 points or 1.32 percent to 13,634.60 and formed bearish candle on the daily charts. The index lost over 5 percent for the week and formed bearish candle on the weekly scale.

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