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Nifty This Week: Technical Charts And More – Bulls Refuse To Give Up
8 weeks of consolidation may have blunted overbought readings, but around 15% of the NSE 500 has RSI above 80, writes CK Narayan.
31 Jul 2021, 06:04 PM IST
There ended the eighth week of sideways consolidation. There increased the frustration level for the eighth week in succession. In and through the week, the Nifty 50 went for a trip, down into 15,510 and back up till 15,875. Sitting outside it may seem like a nice fluctuation in which one could have made money. But try telling that to those who are involved full-time and you will receive quite a different story.But seen from the angl...
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