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Nifty Technical Charts: Optimism For Week Ahead Continues
The market may move higher in a much better manner in the coming week compared to what we saw in the last one, writes CK Narayan.
02 Jul 2022, 10:01 AM IST
This line from last week’s column is important to note right at the outset. “…while there is evidence of some lows being made, the pace of advance may be quite slow and may even suffer repeated retests of the low. So, we should expect a choppy market that attempts to create higher bottoms ahead as it builds up for a bigger move.” Now, why is this important? Because in the last column we had called for a low to be getting into place. ...
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