Nifty outlook and trading ideas from Chandan Taparia, Associate Vice President and analyst-Derivatives of Motilal Oswal Securities
Nifty Outlook:
Nifty index failed to surpass its life time high of 10138 and witnessed a decline of 50 points from its intraday high of 10,131. It formed a ‘Spinning Top’ candle on the daily chart as it took breather after the positive move of last four trading sessions. Index closed the day with the loss of around 13 points but has been making higher highs – higher lows from last three trading sessions. Trend of the market is intact to
Nifty Outlook:
Nifty index failed to surpass its life time high of 10138 and witnessed a decline of 50 points from its intraday high of 10,131. It formed a ‘Spinning Top’ candle on the daily chart as it took breather after the positive move of last four trading sessions. Index closed the day with the loss of around 13 points but has been making higher highs – higher lows from last three trading sessions. Trend of the market is intact to

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