Stock market investment tips today and Tomorrow, intraday nifty and stocks Tips and call 26 April 2018, Nifty Trading Tips, nifty trend tomorrow, nifty stocks, nifty tips intrans, nifty tips provider, stock market investment for beginners, intraday stock tips, intraday trading intraday stocks watch today, best stocks to buy today and tomorrow, hot stocks to buy now, picks in shares of India 26 April 2018.
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The Indian equity market continued to trade rangebound for the last couple of days. Decoupling of breadth and profit booking in index heavyweights are major concerns, while the April F&O expiry and downturn in volatility are factors to be considered.
The overall momentum though looks in favour of the bulls since the index is trading above its short-term moving averages. Immediate support are placed at 10,400-10,500 levels, which are well protected by moving averages like the 20 and 50 Days.
Another major point to look at is the reduction in breadth from 9,950 to 10,400. The overall major contributor like metals, banking, autos and financials are now seeing some profit booking at higher levels
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