 "A broker monitors share prices while trading at a brokerage firm in Mumbai. (File photo: Reuters)")
Nifty outlook and few trading ideas by Sameet Chavan, Chief Analyst- Technical & Derivatives, Angel Broking:
Nifty Outlook:
It seems that markets are enjoying their merry days and are in no hurry to provide a much awaited correction. On Wednesday, we saw intimidating move and somehow reminded of a sharp sell-off seen during the penultimate week. But, markets are in a different mood and have once again displayed their strength by clocking a new record high of 10,191.
Technically speaking, the index has been vacillating within the boundaries of a ‘Broadening’ pattern since last three months. As per the theory, the higher end
