Day trading stocks: After showing weakness in the last few sessions, Indian stock market witnessed a decisive downside breakout on Monday.
On a day when the volumes on the NSE were a bit higher than recent average, all sectoral indices except telecom ended in the red.
Speaking on day trading guide for Tuesday trade session; Nagaraj Shetti, Technical Research Analyst at HDFC Securities said, “The market seems to have entered into a sharp downward correction.