Business Standard

Markets entering a corridor of uncertainty; stay light: Angel Broking

Technically, the bullish structure remains intact as long as Nifty trades above 10,200-10,300

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Sameet Chavan Mumbai
Nifty Outlook 

Last week, domestic markets started on a weak note owing to some sluggish cues from the global markets. However, the optimist traders pounced on this opportunity and used decline to create bullish bets. As a result, we eventually managed to surpass the recent hurdle of 10,350-10,360 during the mid-week. This was followed by a continuation of the northward march throughout the remaining part of the week to conclude the week at 4-month high point. 

In the recent past, despite intermediate hiccups, we maintained our bullish stance and advocated against going short on the market. The strategy played out well as

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