Moneycontrol Be a Pro
Get App
Last Updated : Mar 05, 2019 12:06 PM IST | Source: Moneycontrol.com

Buy or Sell | Nifty to remain volatile, exit on rallies; buy Hindustan Zinc, sell TVS Motor

Support is at 10690 odd levels while resistance is at 10940, says Dinesh Rohira - Founder, CEO - 5nance.com

Moneycontrol News @moneycontrolcom

Market has remained largely flat. Nifty closed above the 200 DMA which gives some amount of comfort, however largely volatile.

Media was up by 3.2 percent while metals was up by 2.7 percent. Financials was down by 1.4 percent.

Nifty has formed a bearish candlestick pattern and a spinning top on the weekly charts. Market looks volatile to range bound for the coming week.

Close
Trade with strict stop loss and exit on all rallies. Support is at 10690 odd levels while resistance is at 10940, says Dinesh Rohira - Founder, CEO - 5nance.com

The Great Diwali Discount!
Unlock 75% more savings this festive season. Get Moneycontrol Pro for a year for Rs 289 only.
Coupon code: DIWALI. Offer valid till 10th November, 2019 .
First Published on Mar 5, 2019 12:06 pm
Loading...
Sections
Follow us on
Available On
PCI DSS Compliant