Day Trad­ing Guide

The Economic Times - - Smart -

The over­bought state of weekly sto­chas­tic os­cil­la­tor af­ter the 14% rally since bud­get ses­sion bot­tom sug­gests a tem­po­rary breather is on the cards. Go­ing for­ward, we ex­pect the index to con­sol­i­date with the pos­i­tive bias within the el­e­vated band of 7600 to 7900 range in the near-term. Stock spe­cific ac­tiv­ity will re­main in fo­cus at the on­set of quar­terly earn­ings sea­son

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