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Nifty This Week: Technical Charts And More – It’s Hakuna Matata Time!
With this breadth & increased momentum, should we not expect more gains to accrue? No reason not to, writes CK Narayan.
16 Oct 2021, 06:03 PM IST
The cocktail is getting headier now. Earlier we had alcohol in it that was maybe 12-20 proof. Now they seem to be adding the more potent stuff (40-45 proof). People who enjoy a tipple or two every now and then will know what I mean.Markets ratcheted higher—there is no other word for it—last week. Except for the slight dip of Tuesday, the trends were straight up. See the usual pathway chart. It can be noted that from Tuesday’s low (a ...
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