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BQ Edge | Chart Advise’s CK Narayan Sees Limited Upside For Nifty 50
“I feel that the upthrust that we are seeing in the Nifty may not really last too long,” Chart Advise’s CK Narayan says.
12 Nov 2020, 11:25 AM IST
Indian equity markets rose in six of the last eight months. But that masks the volatility as the Nifty 50 index first tumbled in its worst selloff in more than a decade because of the pandemic in March, before wiping out all the losses in the next eight months to hit a new record high.CK Narayan, founder of Chart Advise, however, sees the upside for Nifty 50 capped at 13,270 points.
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