Rohit Shinde of Nimbus Wealth Management says,Stay out of the markets until it goes up.5800 is an important level for the Nifty as the index has resistance at that level but that level is too far as of now.Source:CNBC Awaaz.
Ashu madan of Religare securities says,avoid real estates stocks. More than fundamentals, the screen shows a lot of weakness in stocks across the board, which is quite worrisome, so I would not be a courageous trader or investor to get into this.
Mithesh Thacker,Mithesh thacker.com says,that there might be accumulation at100-200 point movements. “But the important thing is that we should not break 5400 to 5370. If that is broken then this entire work would be undone and we might see selling continue,"
Crude Oil December expiry has jumped almost 2 percent at $ 44.13 a barrel.
ReplyDeleteBrent Oil December future has also climbed more than 1.5 percent at $ 45.15.
Natural Gas December delivery has added almost a percent at $ 2.775.
MCX Crude Oil tips