Daily Market Analysis : Markets traded volatile for yet another sessionsays Ajit Mishra, Religare Broking
![](https://portfolio.investmentguruindia.com/uploads/news/Ajit Mishra.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Below the Market Analysis by Mr. Ajit Mishra, SVP - Technical Research, Religare Broking Ltd
Markets traded volatile for yet another session and managed to end marginally higher amid mixed cues. After the flat start, the the 22,19Nifty oscillated in a range till the end and finally settled around 8.35 level. Meanwhile, a mixed trend on the sectoral front kept the traders occupied wherein realty, IT and auto edged higher while financials and energy traded under pressure. The muted performance continued on the broader front as both ended almost on a flat note.
The recent price action shows that bulls are consolidating their positions at record-high levels and waiting for some fresh triggers. Needless to say, the buoyancy in the global market, especially the US market, is encouraging but we need alignment in heavyweights, especially the banking majors to trigger fresh momentum. Meanwhile, traders should continue with a “buy on dips’ approach, with a focus on stock selection
Above views are of the author and not of the website kindly read disclaimer
![](https://portfolio.investmentguruindia.com/uploads/news/Bharat Electronics Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Dollar Rupee 100.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Vedanta 23.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/AviationAircraft.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/HDFC Securities.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Economy 12345.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Ricecommodity.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Electronic industry.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Stock bull.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/HyundaiEV.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/uploads/news/shrey jain.jpg)
Mid Market Comment by Mr Shrey Jain Founder and CEO SAS Online - India`s Deep Discount Broker
![Index continues to hold its opening gains & continues to trend higher above its 5 DEMA support of 24105 - Tradebulls Securities](https://portfolio.investmentguruindia.com/uploads/news/Tradebull Securities.jpg)
![Benchmark index traded with positive bias yesterday before closing with 0.67% gain at 24286 level - Monarch Networth Capital Ltd](https://portfolio.investmentguruindia.com/uploads/news/Monarch networth.jpg)
![The upside momentum with range bound action continued in the market on Wednesday - HDFC Securities](https://portfolio.investmentguruindia.com/uploads/news/HDFC Securities.jpg)