Week Ahead: Mild Technical Pullbacks Likely; NIFTY Remains Prone To Selling Pressure At Higher Levels
In the truncated week, the markets largely wore a corrective look as the key indices lost ground during the week. In the previous technical note, it was mentioned that on the one hand, no runaway moves should be expected, and on the other hand the support for Nifty exists much below at 20-week MA. The markets ended up trading precisely on the expected lines. Not only they did not move higher but also ended up...