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Nifty In Technical Charts: Nervous Responses
There shall be periodic interruptions by way of dips, that is the nature of the market.
09 Sep 2024, 10:59 AM IST i

NSE building in Mumbai (Source: Vijay Sartape/NDTV Profit)
The market took one right to the jaw and possibly hit the canvas. Every sector succumbed to selling pressure on Friday and the week ended badly for traders and investors. Immediately, talks about much lower figures for the index started emerging. The problem seemed magnified on Friday because the earlier part of the week was rather sanguine, what with the Nifty actually hitting all-time highs on Monday. Chart 1 shows the progres...

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