Technical View: Nifty forms solid bear candle; Supertrend indicator gives ‘Sell’ signal

Investors are advised to remain cautious and focus on stock specific opportunities. Bulls will only be able to gain momentum when Nifty climbs back above 10,350 levels. However, if the weakness persists Nifty could slip towards 10,100.

Rajesh Sharma

Rajesh Sharma is Correspondent for Stock Market of South East Asia based in Mumbai. He has been covering Asian markets for more than 5 years.