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

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trading session: 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

Tech View: Nifty slips below 21EMA. What traders should do on Friday

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Tech View: Nifty slips below 21EMA. What traders should do on Friday

Nifty ended Thursday with declines of 216.05 points 1% at 22,488.65 led by strong selling pressure in most sectors. The 50-stock index fell for the fifth straight session and is now trading below the crucial 21-day Exponential Moving Average (21EMA). “The recent decline has disrupted the positive momentum, with Nifty falling below its crucial short-term … Read more