 "Markets, Buy, Sell, Stocks, Shares")
Nifty outlook and technical calls by Nandish Shah, Technical & Derivatives Analyst, HDFC Securities:
REMAIN LONG IN NIFTY WITH SL OF 10700. TARGET 10950
REMAIN LONG IN NIFTY WITH SL OF 10700. TARGET 10950
While the Nifty closed just 5 points down at 10,802, the gloom was high as the BJP gave up its intraday majority mark with just 104 leads at the time of market close. The PSU bank index and the real estate index were the worst decliners.
Though the BJP dramatically improved its performance from the last elections, reports that the Congress was ready to provide support to the JDS, the indices slipped.
It’s an event that is now
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