Daily Big Picture – Key Composites Break Free from Losing Streak

MarketSmithIndia-WilliamOneilIndia

Today’s action:

The major stock indices posted significant gains after declining in the last three sessions. The Nifty Midcap index and Smallcap indices score all-time highs.

Current Outlook:

●      Market environment conducive for new purchases, but remain selective

●      Focus on fundamentally strong stocks breaking out of sound base patterns

●      Stay disciplined and exercise sound buy and sell rules 

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