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Nifty This Week In Technical Charts: Targets Achieved And More…
06 Aug 2022, 10:10 AM IST
Unlike the earlier week, this one was a lot more ranged. But as the index managed to tick a bit higher, people didn’t really mind that it ranged. So long as the overall bias was maintained to the upside, most people are happy. When people are happy, the breadth widens and participation increases. This reduces the impact of volatility as prices don’t develop so many air pockets during their moves. Most traders loathe booking losses wh...
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