1662: Stock picks of the day: Cut shorts and go long in Nifty; 11,142 critical for bulls
For the last 5 consecutive weeks, the Nifty has been consolidating in the weekly closing range of 10,829 to 11,109. The Nifty has been taking support around its 100-week EMA and has managed to sustain above that on a weekly basis.
At present, 100-week EMA is placed at 10,787 and unless that is breached, the view is towards the upside in the Nifty. On the upside, 11,181 the higher band of the co...
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Sep 11, 2019