Trade Setup: Nifty unlikely to see strong move; avoid large position

Despite the overnight global weakness, the equities staged a resilient show, and then went on to end the day on a negative note. Following overnight weakness in the US market and prevailing weakness across Asian markets, the Indian market saw a lower opening. Yet, the market was very resilient compared …

Read moreTrade Setup: Nifty unlikely to see strong move; avoid large position

Ahead of Market: 12 things that will decide stock action on Thursday

NEW DELHI: As Nifty ended above the 11,600 level on Wednesday, it formed a bullish candle on the daily chart. Rohit Singre of LKP Securities said the index has witnessed fresh breakouts on intra-timeframes, which suggests the current pullback can extend up to the 11,650-11,700 zone, which is a strong …

Read moreAhead of Market: 12 things that will decide stock action on Thursday