Indian Stock Market Trading View For 21 Dec,2021:
Nifty to turn volatile as the day progresses. Global cues to act as trend decider.
On Monday there was steep decline in the market, Now question arises will the trend reverse now?
Investors should note that market is replicating last years Dec pattern. This is Good time to accumulate stocks. Market will bounce back very soon. So investors can start accumulating quality stocks now.
Nifty spot if manages to trade and sustain above 16660 level then some upmove can follow in the market and if it breaks and trade below 16580 level then some decline can follow in the market. Please note this is just opening view and should not be considered as the view for the whole day.
Nifty to turn volatile as the day progresses. Global cues to act as trend decider.
On Monday there was steep decline in the market, Now question arises will the trend reverse now?
Investors should note that market is replicating last years Dec pattern. This is Good time to accumulate stocks. Market will bounce back very soon. So investors can start accumulating quality stocks now.
Nifty spot if manages to trade and sustain above 16660 level then some upmove can follow in the market and if it breaks and trade below 16580 level then some decline can follow in the market. Please note this is just opening view and should not be considered as the view for the whole day.