After falling for 4 weeks, a pullback is possible in Nifty. Here’s why

After falling for 4 weeks, a pullback is possible in Nifty. Here’s why

The recent downturn in the Nifty 50 has raised concerns amongst market participants. Historically, the Nifty has shown a pattern of retracing to its moving averages before resuming its uptrend. However, we are currently witnessing a more pronounced decline, with the index dropping below its 100-day moving average. This has prompted questions about whether the … Read more