Key Points
That means smart people have bought and if Reliance stabilizes, that will be the first indication that yes the market is trying to sort of find its feet.ETMarkets.comIt is a modest target and I believe it can get overshot...
Be cautious because markets do not seem conducive for any significant trading or something..
Small stop losses, small targets because the markets do not seem focussed, says Hemen Kapadia, Senior VP- Institutional Equity, KR Choksey Securities..
It has been deeply oversold. A significant bounce is around the corner and the volume spike seems to suggest some positive activity which is happening because after the volume spike, the stock has firmed up..
(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets..
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