Intraday Range: 17550-17800
Short Term Range: 17450-18100
Intraday Range: 41000-41500
Short Term Range: 41000-41800
Major draggers: Metals, Pharma & Energy
Stocks to watch: #ITC & #APOLLOHOSP
A probable dark horse: #PATANJALI
Global markets after Powell's Speech & Rate Hike to 75 Bps have been Sideways to Bearish. Gap down is highly likely which in all probability would be bought. Today is weekly expiry so volatility should be there. Decent movement post 1:30 PM expected. Let's see!
Position sizing recommended: Small
Should we be cautious? : Yes.
Are of averaging PF? : 17300/16900.