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Buy or Sell | Expect pullback move, short covering

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Buy or Sell | Expect pullback move, short covering

M
Moneycontrol

3 Views • Feb 22, 2019

Description

Expect profit booking to continue in Nifty IT wherein the index could test its support of 15000 in next few trading sessions. For Nifty 10550 to 10600 has acted as support. We can expect a pullback move and short covering as well if Nifty manages to hold 10550-10600, says Ruchit Jain, Technical Analyst at Angel Broking.

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