Media Summary: Some macro headwinds may impact this week. Keep an eye out for oil upstream companies. Read: ... Nifty holding lower top formation on the intraday chart indicates further correction from the current levels. Read: ... Quant indicators, higher Dollar index point to risk-reward being weak on the long side for . Read: ...
Trade Setup 6 June 2022 - Detailed Analysis & Overview
Some macro headwinds may impact this week. Keep an eye out for oil upstream companies. Read: ... Nifty holding lower top formation on the intraday chart indicates further correction from the current levels. Read: ... Quant indicators, higher Dollar index point to risk-reward being weak on the long side for . Read: ... Nifty may be rangebound but it still remains in fear zone. Read: Global mood likely to dominate opening hours. seems to have a cushion around 17700-17800. Read: ... Bulls hopeful as long as remains above the sacrosanct support of 16500–16400. Read:
While quant indicators point to a bounceback opportunity, risk-reward remains in balance. Read: bit.ly/3xQAWmd ... Gap down start levels not necessarily the near-term bottom for . Read: Markets largely echoing global stock markets' optimism amidst oversold conditions. Read: Weekly gaps are not getting filled in , pointing towards continued weakness. Read: Bank may likely remain rangebound ahead of MPC meet outcome. Read: livetrading Below Links to be added in Description XM Referral Link- ...
Recent support suggests 16400–16370 getting defended successfully, remains key level for . Read: ... Investors may shift focus to the monthly derivatives expiry in the second half; 15700 remains crucial support for . ... Two-wheeler stocks & select BFSI remain in focus for today. Read: Rallies are succumbing to bear hammering; keep an eye out for oil sensitives. Read: Price-wise or a time-wise correction to relieve the overbought momentum set ups. Read:
