There is absolutely no change, from yesterday, in the near-term outlook for the markets.
The markets managed to hold 16837_16700 literally by the skin of their teeth.
Aggressive traders can wait till Monday to add NIFTY longs with a closing SL below 16837 and 1st target at 17500.
For conservative traders, the NIFTY is in a NO TRADE ZONE till we see a 2-day consecutive close above 58700/17530 – its best that they look for stock-specific opportunities from the F&O space, from Monday onwards.
28 Jan 22
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