 "Markets, Buy, Sell, Stocks, Shares")
Nifty outlook and top trading ideas from Sacchitanand Uttekar, DVP – Technical (Equity), Tradebulls Securities:
Nifty Outlook:
Nifty did display some resilience & witnessed a bounce after facing relentless selling from 11,500 zone. The market breadth has not been that comforting while the volatility index continued to scale higher. On the pattern front, the index did witness a Harami formation on Tuesday session but the confirmation of the same is yet awaited in terms of an affirmative close. Hence, any non-sustenance above 10970 could unlock fresh pessimism & push the index towards its 200 DEMA placed around 10,780. As the broader trend
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