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Nifty This Week: Technical Charts And More – Just Stay In The Market, Say The Indices
It may not look that way, but the bulls are still in control. CK Narayan shows the charts that point to that.
08 May 2021, 09:07 AM IST
The market seems to be playing that old game of two steps down and three steps up. Now, this game is typically played when the market is in a range. For the last several weeks we have been trying to find a way out of this mess of a consolidation but the market has not obliged. Every time it seems to threaten a down-break, something comes along and saves the day. Just as we start hoping for some upside resolution, some bad news rears ...
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