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Markets Technicals: Nifty Steady, Action Elsewhere
The Nifty is holding steady and putting about a bit while the real action is happening elsewhere, writes CK Narayan.
06 Mar 2021, 02:25 PM IST
When volatility is centrestage, everything else goes for a toss. This includes analysis, forecasts, stop-loss levels, convictions, and targets. Sentiment gets shaken and all those who were thinking of multiple days/weeks of holding are suddenly watching the screen for the next blip or to set stop loss on 5-minute chart support breaks! This was more or less the scene through the last week when the Nifty rocked markets with a successiv...
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