Indian equity benchmarks are grappling with persistent selling pressure, as technical strategists warn that the market’s recovery remains fragile amid a backdrop of heightened uncertainty.
With a series of events lined up that could influence market trends, investors are being urged to tread carefully through what analysts describe as murky waters.
Market expert Raja Venkatraman has outlined a technical outlook and trade strategy for the session, recommending specific stock positions to navigate the current volatility.
His analysis suggests that bridging the gap between limited visibility and market reality requires disciplined positioning rather than aggressive entry.
The caution comes as Indian markets continue to face headwinds, with technical indicators pointing to sustained pressure on key indices.
Strategists emphasize that the current environment demands a defensive posture, focusing on stocks with stronger technical support levels while avoiding overextended positions.