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Market Technicals: A Week Best Left Behind
It is now safer to simply wait for a breakout to new highs past 15,250 before committing to a buy, writes CK Narayan.
14 Feb 2021, 10:02 AM IST
Other than starting with a gap, the Nifty 50 really did nothing more in the last week. It was something like the hare and the tortoise story where the hare ran so far and so fast that it thought it could take some nice rest before the latter caught up. We all know how the rest of that story turned out and hope that won’t be how the markets will unfold ahead!
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