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Nifty Technical Charts And More: Time For A Breakout?
Active participation in the market is suggested and return of momentum investing should be a happy auguring for traders.
06 Apr 2024, 01:52 PM IST
We notched up a new all-time high on the Nifty despite the index remaining largely within a range for all the five days of the week. Three of the five sessions of last week were green candles while the other two showed lower shadows, implying that buyers were to the fore throughout the week. Therefore, it is certainly curious that the index did not make for a more trended picture for the week!Chart 1 shows the Nifty Future Daily with...
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