Stock Market Highlights: Market breadth indicates a strong bullish bias. What traders should do on Wednesday - The Economic Times

By A Mystery Man Writer
Last updated 21 May 2024
Stock Market Highlights: Market breadth indicates a strong bullish bias.  What traders should do on Wednesday - The Economic Times
While making higher lows for the last two trading days, the headline equity index Nifty on Tuesday ended 83.5 points higher to form a small positive candle on the daily chart with a long upper shadow.RSI indicated a bearish crossover, suggesting a potential decline in the market. Now, Nifty has to hold above 19400 zones to extend the move towards fresh all-time high levels of 19525 and 19600 zones, while on the downside, support is intact at 19333 and 19250 zones, said Chandan Taparia of Motilal Oswal.
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