Below the levels of 59877/17837/38436, the markets are in a No-Trade zone for conservative traders and a Hold zone for aggressive traders.
Aggressive traders who are adding/holding longs since the last few days have nothing to worry till the markets are holding 58946/17559/36971.
A stock specific approach is more suited to the current markets where the NIFTY/BANKNIFTY are too wobbly for comfort.
22 Nov 21
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