Buy Or Sell | Autos, auto ancillary could show short covering move

  • 5 years ago
In this corrective move, many of the outperformers which used to show some consolidation have also seen some corrective phase. Market is likely to show some consolidation phase. Immediate resistance for Nifty at 11250-11300. One can expect consolidation between 200 to 300-point range. Some midcap names may show some pullback moves, traders should watch out for this space from a short term trading perspective.

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