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
Markets are undergoing a typical phase during which traders struggle to find clear direction in the index. At such times, they tend to find alternatives in individual stocks as the picture can be much clearer than the benchmarks. This is what we experienced in the concluded week. As far as index is concerned, last day of the week was slightly encouraging.
Since last couple of weeks, the Nifty has been
Nifty Outlook
Time-wise pain continues, focus on individual stocks
Markets are undergoing a typical phase during which traders struggle to find clear direction in the index. At such times, they tend to find alternatives in individual stocks as the picture can be much clearer than the benchmarks. This is what we experienced in the concluded week. As far as index is concerned, last day of the week was slightly encouraging.
Since last couple of weeks, the Nifty has been