The index formed a bullish candle on the daily scale. On the weekly scale, it formed a solid bullish candle, with a long lower wick, suggesting buying at low.
Short-term market weakness likely; defensive sectors poised to outperform: Rohit Srivastava
Rohit Srivastava suggests the recent market rally from early April might be ending, entering a corrective phase influenced by geopolitics and the upcoming FOMC meeting.