Tech View: Will Nifty hit 24,000 on election result day? Here’s how to trade on D-Day

Tech View: Will Nifty hit 24,000 on election result day? Here’s how to trade on D-Day

Nifty ended Monday’s trading session 733 points higher with analysts saying that if the election results are better than expected on Tuesday the headline index can even cross the 24,000 mark. The bulls are in full control of the markets at the current juncture and are using every minor pullback to create long positions. Support … Read more

Wider trading range for Nifty likely to be between 22,200 to 22,800: Chandan Taparia

Wider trading range for Nifty likely to be between 22,200 to 22,800: Chandan Taparia

“We have seen a profit booking decline in last four-five trading session and supports are slightly shifting lower. However, we are at 23-24 VIX, so wild swing of 200-300 points intraday cannot be ruled out,” says Chandan Taparia, Motilal Oswal.What is the positioning right now? From last hour of trade yesterday, which saw panic, we … Read more