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Saturday, 23 June 2018

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CAPITALSTARS- NIFTY OUTLOOK

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* Nifty continued its sideways bias for most part of the week however surge on Friday aided index to end on flat note. Meanwhile, broader market remained under pressure as a result both midcap and small cap index ended in red.
* In the coming week, we expect Nifty to maintain the positive bias however volatility will inch higher on stocks specific front due to expiry of June month derivatives contracts.
* Considering all, traders should focus more on the trade management and avoid overleveraging. Investors, on the other hand, should use this phase to gradually add quality stocks on every dips.

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2 comments:

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