 "Any level below 8,950 would result into trend line breakdown on the short term charts for Nifty")
Nifty in consolidation; Breakdown below 8,950, Breakout above 9,300
For the last five trading sessions, Nifty has been consolidating and has not been able to catch up with the bullishness witnessed in the global markets. Any level below 8,950 would result into trend line breakdown on the short term charts, while level above 9,280 would give bullish confirmation.
Stock recommendations:
Stock recommendations:
BUY JK CEMENT (Rs 1,171) | Target: Rs 1,250| Stop-loss: Rs 1,130
The stock price has closed above its 200 DMA with jump in volumes. It has given bullish “Flag” pattern breakout on the daily charts. The cement sector has been
