Day trading stocks: After an attempt of downside breakout of the range movement on Thursday, Indian stock market witnessed decisive come back on Friday.
On a day when the volumes on the NSE were in line with recent averages; realty, power, capital goods, telecom and IT indices gained the most, while there were no sectoral losers.
Speaking on day trading guide for Monday; Nagaraj Shetti, Technical Research Analyst at HDFC Securities said, “Friday’s sharp upside move seems to have nullified the short term negative pattern on the daily chart.