He expects the fall to continue towards 49,700, the low it touched in August. On the upside, 52,600 – 52,700 is a crucial resistance. Asian stocks retreated on Friday as oil prices surged ...
Strategy: Sell on rise near the 52,500 - 52,700 levels, targeting 51,000 - 50,500, with a stop-loss of 53,000 on a closing basis. Chandan Taparia, Head - Equity Derivatives & Technicals ...
A retest of those levels is likely. On the upside, 52,600-52,700 is a crucial resistance," said Jatin Gedia, Technical Research Analyst, Capital Market Strategy at Sharekhan by BNP Paribas.