Nifty outlook and few trading ideas by Sameet Chavan, Chief Analyst- Technical & Derivatives of Angel Broking:
Nifty Outlook:
Time-wise pain continues, focus on individual stocks
Yet another week ended with lethargic movement for the index and in fact, the overall daily range has shrunk further to merely 50 points, which is really a tiresome thing for the traders preferring index specific trades. Eventually, the week concluded with neutral bias by defending the 9,900 mark convincingly; keeping both counterparties perplexed moving to the next week.
Looking at such price activity, it appears that markets are awaiting
Nifty Outlook:
Time-wise pain continues, focus on individual stocks
Yet another week ended with lethargic movement for the index and in fact, the overall daily range has shrunk further to merely 50 points, which is really a tiresome thing for the traders preferring index specific trades. Eventually, the week concluded with neutral bias by defending the 9,900 mark convincingly; keeping both counterparties perplexed moving to the next week.
Looking at such price activity, it appears that markets are awaiting

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