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    Vikshita Vitthal Gujaran in News

    16-Dec-2022 10:43 AM


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    Day trading guide for today: 4 stocks to buy or sell today — 16th December

    Day trading guide for today: Following global sell o0ff on account of US Fed dropping a hint that the rate hike cycle is not going to end soon, Indian stocks reversed its two days uptrend on Thursday session.
    According to stock market experts, a long bear candle was formed on the daily chart on Thursday, post small upside bounce of few sessions.
    A 20-DMA of 43,200 will act as an immediate support; below this, there is a risk of profit booking, where 42,625 will be the next support level."
    Nifty call put option data On Nifty call put ratio, Shilpa Rout, Derivatives Lead Analyst at Prabhudas Lilladher said, "Nifty weekly expiry option chain witnesses PE writers adding their positions of over 20 lakh shares OI at various levels till 17500PE, with max fresh additions happening at 18400PE - over 17 lakh shares.
    We advise investors to check with certified experts before taking any investment decisions.

    Source - Mint