The bear's continue to drag mkt lower. Nifty ends below its 50-day EMA support.
The index fell by another 0.75% in the past session. And now is only 150 points away from the rising support line from where it is likely to rebound. Daily RSI has reached 42.41 levels whereas hourly is rising in higher high/low and has entered the neutral zone from the oversold.
Our recommendation tracker
BTSTSlice : Jyothy Labs ended session at 253.25. Dishman Pharma booked profit at Rs 132.65.
Wish you a Healthy Trading !
Research Desk- finappleideas.com