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Nifty: 11,250 to be ‘make-or-break’ level for Nifty this week
Global markets are under pressure after US President Donald Trump tested positive for coronavirus, sparking risk-off sentiment. With the US election approaching, traders are watching out for 11,250, which according to technical analysts is a make-or-break level for the index as a drop below this level can take the index to 11,000 levels. On the …
Nifty outlook: Breaking 12,000 to trigger unwinding in Nifty
By Rahul Sharma Head – Technical & Derivatives, JM Financial Services The Nifty is expected to see fresh shorts or long unwinding in case 12,000 is broken in the next few sessions, according to technical analysts. Traders can look to buy 30,500 puts on the Bank Nifty for a downside target of 30,000, and look …
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