ADVERTISEMENT
BQ Edge | Gautam Shah On What Technical Indicators Predict For India’s Stock Market
What technical indicators predict for the markets...
03 Jul 2019, 11:36 AM IST ![NDTV Profit](/icons/feather-without-circle.svg)
![NDTV Profit](/icons/timer.svg)
![Ticker displays share prices of companies above the display board outside Bombay Stock Exchange at Dalal Street, Mumbai, India. (Photographer Anirudh Saligrama/BloombergQuint)](https://media.assettype.com/bloombergquint%2F2017-06%2Ffc963d41-d1f4-4034-a450-078640f45d22%2FTicker%20displays%20share%20prices%20of%20companies%20above%20the%20display%20board%20outside%20Bombay%20Stock%20Exchange%20at%20Dalal%20Street%2C%20Mumbai%20on%2027th%20of%20January%202017%20Photographer%20Anirudh%20Saligrama%20IIJNM.jpg?rect=0%2C369%2C4032%2C2268&auto=format%2Ccompress&w=200)
Ticker displays share prices of companies above the display board outside Bombay Stock Exchange at Dalal Street, Mumbai, India. (Photographer Anirudh Saligrama/BloombergQuint)
The stock market was expected to rise after the general election. But technical indicators suggest a correction.That’s according to Gautam Shah, associate director and technical analyst at JM Financial Ltd. “The market is losing momentum,” he said at the Bengaluru edition of BQ Edge, BloombergQuint’s on-ground initiative. The benchmark Nifty Index, Shah said, possibly could drop 10 percent in the short-term.“While the Nifty has made ...
![](/images/white_gradient.png)
I’m already a Subscriber Sign In
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Choose a plan
Renews automatically. Cancel anytime.
Access to
Curated
Newsletters
20,000+
Research Reports
Priority Pass
to Special Events
Ad-Lite
Experience
Members-Only
Rewards
NDTV Profit
Exclusive Stories
Full Access to
NDTV Profit App
Access to
20,000+
Research Reports
Ad-Lite
Experience
NDTV Profit
Exclusive Stories
Curated
Newsletters
Priority Pass
to Special Events
Members-Only
Rewards
Full Access to
NDTV Profit App
Still Not convinced ? Know More
ADVERTISEMENT