Here are top market cues this morning | Experts recommend buying Mahindra & Mahindra & TATA
4A solid rally that played out yesterday on the frontline index with 10,763. The trade setup looks fairly encouraging this morning with the handover from the global markets. India is fast approaching the 200-day moving average and Nifty stands at 125 points away from where we closed yesterday. The relative strength index has now become overbought for the Nifty, and this is for the first time in 2020. RSI overbought the first time this year. VIX also closed below 200- DMA for the first time since February 20. As for the Nifty bank is concerned, it tested its 100 days moving average yesterday for the first time since February 2020. Watch the video to know more!
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