The Nifty Call: Go long on a strong rally above 11\,270 with a fixed stop-loss

Technical Analysis

Nifty Call: Go long on a strong rally above 11,270 with a fixed stop-loss

Yoganand D BL Research Bureau | Updated on March 04, 2020 Published on March 04, 2020

File photo   -  Reuters

Nifty 50 March Futures (11,245)

Taking cues from the bearish global markets, the Sensex and the Nifty commenced the session on a flat note and slipped into negative territory. The US indices, Dow Jones had plummeted 2.9 per cent to 25,917 and S&P 500 had dropped 2.8 per cent to 3,003 levels in last session.

Asian markets are flat with a negative bias, the Nikkei 225 is hovering at 21,100 and the Hang Seng index has slipped 0.14 per cent to 26,247 levels in today's session. Both the Sensex and the Nifty have declined 0.4 per cent each so far.  CLick here to read the Nifty call report in full.

 

Published on March 04, 2020
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