Dalal Street Week Ahead: Nifty violating an important trendline is not a good sign

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In a week where the trading range stayed narrower than the previous week, Indian equities saw a corrective decline. This was also a truncated week with just four trading sessions, and saw the headline index oscillate in a 375-point range. While the trading range remained narrow, intraday volatility and ranged oscillations remained high. Nifty remained … Read more

Dalal Street week ahead: Market up for measured move; keep a watch on dollar

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Marking the sixth consecutive week of gains, Indian equities continued to bounce and extended the gains this past week. It was a measured move for the market, which went on to close at a fresh lifetime high once again. The trading range over the past five days was narrower than the week before this one. … Read more