Trade setup for Monday: nifty 50 might even see some consolidation at higher levels
Trade setup for Monday: nifty 50 might even see some consolidation at higher levels Indian equity market followed up positive closing of the ending day on Friday. The market saw a spot up gap with a revived vigor, sustained it all throughout the day and also the swell all over the day with gains of seventy four.50 points or 0.70 per cent. we tend to enter into a truncated week with Tues being a mercantilism vacation. ejection some a lot of consolidation, we tend to expect this up move to spill over to coming back week also. Though we tend to see some prospects once more of consolidation happening at higher levels, we tend to expect a quiet to with modesty positive begin to the trade on Mon. The market is probably going to examine this enlargement happening till its next logical targets of 10,750-10,800 zones. However, this can be less possible to happen with none intermittent consolidation spells. Monday can see the amount of 10,730 and 10,765 figuring out as immediate resista...