On the other hand, on the lower time frame charts, the Nifty has created a potential top at 17500 levels. This level is likely to act as resistance unless it is taken out comprehensively. Until this happens, one can expect profit-taking bouts from higher levels. In the same breath, one also needs to keep in mind that while the markets continue to remain prone to consolidation, they may stay range-bound with limited downsides.
Mukul Agrawal reshapes Rs 6,500-crore portfolio in Q3: Two new stocks, one exit. Do you own?
Mukul Agrawal has updated his Rs 6,500-crore stock portfolio. He added Hindustan Construction and Sudeep Pharma. Agrawal reduced his stake in Monolithisch and likely exited