Trade setup: Most prudent way to navigate market is to stay highly stock-specific

From the technical perspective, what has been damaging for the markets is the violation of the 200-DMA on a closing basis. The 200-DMA presently is at 17,199. Nifty has dragged its resistance levels lower. This point will now act as a strong resistance on a closing basis.

from Stocks-Markets-Economic Times https://ift.tt/rydgX2A