Quick Context: Template of rallies getting sold into continues; 15600-15700 remains key support area for . As RBI & Fed hike rates, market expert Geoffrey Dennis shares his views on how markets

Trade Setup 25 May 2022 -

Template of rallies getting sold into continues; 15600-15700 remains key support area for . As RBI & Fed hike rates, market expert Geoffrey Dennis shares his views on how markets Nifty still offers favourable risk-reward for tactical longs, despite Tuesday's rally.

Important details found

  • Template of rallies getting sold into continues; 15600-15700 remains key support area for .
  • As RBI & Fed hike rates, market expert Geoffrey Dennis shares his views on how markets
  • Nifty still offers favourable risk-reward for tactical longs, despite Tuesday's rally.
  • Gap area in at 16500-16370 will now be seen as immediate support for the index.
  • Markets are close to bounceback valuations/levels but maybe not there yet.

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