Market slump likely to continue: Chandan Taparia, MOSL
  • WebDesk BTVI
  • Jul 26 2019

Chandan Taparia, Derivatives and Technical Analyst at Motilal Oswal, says in the past weeks the Nifty corrected itself from 12,000 to 11,200 level. He says the broader trading rate in the market is shifting lower, indicating that this slump may continue within the range of 11,000 to 11,500. He says traders have to be cautious. He adds that if market surpasses 11,320 zone, then there may be a bounce towards 11,365.