On outlook for Nifty 50 today, Nagaraj Shetti, Technical Research Analyst at HDFC Securities said, "The short term trend of Nifty continues to be weak. Having placed near the crucial lower supports, there is a possibility of minor upside bounce from near 19,550 levels by next week. The anticipated upside bounce could be short lived and the market is expected to reverse down from the lower highs. Immediate resistance for Nifty 50 index is placed around 19,800 to 19,850 levels."
"A lot many people stay away from the share market thinking that it is something only knowledgeable and experts can deal in and that you require years of experience before you jump onto it and spend both time and money in the process. However, the share market has some very simple rules that you as a beginner in the field could really use. Some of the basics are mentioned in this Blog"
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