Investors had been waiting for these levels for long, but now is the time that they should look for some profit booking
The market was down mainly due to consistent and aggressive selling from FIIs in the Asian markets
There are no clear signs of a breakout. We need to approach the market with caution.
Wall Street stocks tumbled on July 19, with Dow Jones losing more than 850 points
The strategy should be to buy if Nifty corrects to 15900-5850 without hitting the levels of 16100
Favourable global cues combined with supportive domestic factors are helping the index to inch higher
Focus will be on upcoming Q1 FY22 results, on which market participants were already cautious due to the second wave of the pandemic
Market structure remains positive, all eyes will be on Q1 earnings with TCS kickstarting the result season