Understanding Trade Setup 29 March 2022

Let's dive into the details surrounding Trade Setup 29 March 2022. 17500 remains a strong hurdle for #Nifty but benign crude can help scale the resistance. #BQLive Read: https://bit.ly/3IPrPEF ...

Key Takeaways about Trade Setup 29 March 2022

  • Nifty support is seen at its 200-DMA at 17036 mark. Keep an eye out on FMCG, cement & media stocks. #BQLive Read more: ...
  • Gap area in #Nifty at 16500-16370 will now be seen as immediate support for the index. #BQLive Read: https://bit.ly/3M2lk2I ...
  • Nifty may be rangebound but it still remains in fear zone. #BQLive Read: https://bit.ly/3zllgbW ...
  • Leveraged longs should be kept minimal while global developments play out. #BQLive Read: https://bit.ly/3jetysQ ...
  • Quant indicators continue to show possibilities of pullback. #BQLive Read: https://bit.ly/37gvEpl ...

Detailed Analysis of Trade Setup 29 March 2022

Fall in crude prices may likely aid upmove in #Nifty. #BQLive Read more: https://bit.ly/3iKmpQy ... Nifty Portfolio buying advisable in non-commodity linked baskets or stocks. #BQLive Read: https://bit.ly/3pIotwu ...

Risk-off Friday

That wraps up our extensive overview of Trade Setup 29 March 2022.

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