Day Trad­ing Guide

The Economic Times - - Smart -

The de­ci­sive close above up­per band of pre­vi­ous two weeks con­sol­i­da­tion range above 8826 opens the room for ex­ten­sion of cur­rent up move to chal­lenge the 2016 high of 8968 in the near term. Volatil­ity will re­main el­e­vated in the trun­cated de­riv­a­tives ex­piry week. How­ever, we be­lieve one should adopt a buy on dips ap­proach as any in­ter­me­di­ate cool off will at­tract de­mand at the 8700 sup­port zone

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