The broader negative chart pattern like lower tops and bottoms is intact as per the daily timeframe chart and further upside from here could open chances of new lower top formation. The display of further strength in the current upside bounce could possibly pull the Nifty towards 19,726 levels
Big investors ditch tech ahead of expected September stocks slump
Big investors, fearful of September’s typical seasonal declines, exited profitable stock positions on Tuesday, according to investors and trading company research, a sign the selloff