Moneycontrol
Last Updated : Oct 04, 2018 02:13 PM IST | Source: Moneycontrol.com

Buy or Sell | Short covering to fuel rally; L&T Fin, SBI top buys

Once the market starts to move on the upside, the first target which investors have to watch is placed at 11,150-11,180 levels. Further supports are placed at 10,850, says Ruchit Jain, Technical Analyst at Angel Broking.

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The market started October on a bullish note, but the momentum hit a road block in the following session. However, once the selling subsides, the Nifty should find support near crucial 200-DMA, Ruchit Jain, Technical Analyst at Angel Broking tells Moneycontrol.

Once the market starts to move on the upside, the first target which investors have to watch is placed at 11,150-11,180 levels. Further supports are placed at 10,850, he said.

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First Published on Oct 4, 2018 02:13 pm
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