Topic Brief: As RBI & Fed hike rates, market expert Geoffrey Dennis shares his views on how markets may move in the short term. Strong short-covering led moves continue, but index close to resistance zone.
Trade Setup 5 April 2022 -
As RBI & Fed hike rates, market expert Geoffrey Dennis shares his views on how markets may move in the short term. Strong short-covering led moves continue, but index close to resistance zone. Leveraged longs should be kept minimal while global developments play out.
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- As RBI & Fed hike rates, market expert Geoffrey Dennis shares his views on how markets may move in the short term.
- Strong short-covering led moves continue, but index close to resistance zone.
- Leveraged longs should be kept minimal while global developments play out.
- Leveraged longs imprudent; defence and soft commodity stocks may hold up.
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