2993: Hot Stocks | Can bet on Deccan Cements, Tata Communications, Welspun Corp for short-term
Nifty fell 163 points on the back of weak global cues to close at 11,768 on October 26, its lowest level since October 16.
The short-term trend of Nifty turned bearish as the index has closed below its 5 and 11-day EMA.
Moreover, during the last two-weeks, Nifty has reversed south from 12,018-12,025 levels three times, which indicates tough resistance at those levels.
Therefore, unless Nifty...
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Oct 27, 2020