Brief Market Forecast:
Regular Daily Market Trend Guide editions would resume from Monday.
Expect the Markets to open on a
positive note and look for directions. Intraday trajectory would be
important for the Markets to decide the trend. Though positive
opening expected, the technical indicators and the overall structure
of the Charts point towards larger possibility of the Markets
consolidating or going for a correction.
Overall, highly stock specific
approach with cautious outlook is advised for today.
Milan Vaishnav,
Consulting Technical Analyst,
