Day trading guide for Wednesday: After a sustainable upside recovery from the lows on Monday, the Indian stock market failed to sustain the highs on Tuesday, as it witnessed high volatility and closed the day in negative territory.
On a day when the volumes on the NSE were very high , consumer durable and IT indices gained the most while metals, auto and bank index fell the most.
Unveiling intraday trading strategy for today’s session; Nagaraj Shetti, Technical Research Analyst at HDFC Securities said, “The near term trend of Nifty continues to be negative.