- : December 30, 2016
- : Definedge Research
Last closig price : 8185.80
- Nifty dly 10 x 3 P&F chart Pattern: Low Pole - Bullish
- Nifty Trend (10 SMA): Price Below average - Bullish
- Nifty setup: Bullish
- Nifty 50 1% x 3 Breadth: 66 - Neutral
- Bearish level : 7900 (Double Bottom Sell)
Recommended strategy for the day: Look for bullish trading opportunities. Apply trend riding strategies.
P&F setups to refer in individual charts: Major bullish patterns. Follow P&F riding strategy.
Outperforming sectors (based on RS charts): FMCG
Underperforming sectors (based on RS charts): PSU bank, Fin service, Commodities, Bank Nifty, Pvt bank.