Technical pullback

Dalal Street Week ahead: Is Nifty 50 poised for a short-term recovery?

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Dalal Street Week ahead: Is Nifty 50 poised for a short-term recovery?

On the back of one of the major FII selloffs seen in recent times, the markets succumbed to strong corrective pressure through the week and ended the week on a very weak note. The Nifty 50 remained under selling pressure for the entire week; at no point in time, did it show any intention to … Read more

Dalal Street week ahead: Jittery start likely, sectoral rotation possible

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Dalal Street week ahead: Jittery start likely, sectoral rotation possible

The market action during the week gone by was largely on the anticipated lines. In our previous weekly note, we had mentioned that the market was firmly placed, but at the same time looked overstretched on the short-term charts. It was also mentioned in that note that in case of any bounce, Nifty will face … Read more