Technical Analysis: Daily Trading Desk: 2 trades for short-term gains; a pharma major for 6.5% gain, a mid-cap financial services stock for 7% upmove
After the markets first attempted a technical rebound, Friday was the third day in a row where the markets consolidated in a narrow range. The previous session saw the Nifty open on a tepid note but was soon crawling into positive territory. However, the index soon reversed its modest gains and slipped back into negative zone. The Nifty spent the second half of the session in a very capped range while staying devoid of any directional bias. The
