We feel the overall tone would remain bearish until the Nifty reclaims 17,200. On the downside, a decisive break of 16,800 could further fuel the decline. Participants should align their positions accordingly and maintain positions on both sides.
From a technical standpoint, the previous week has created a gap. In the process, the index has shifted its support zones higher in the range
Even as the S&P BSE Sensex hit a new lifetime high of 69,893.8 and ended with weekly gains of over 2%, the broader BSE500 had
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