But let us also not forget that we are coming on the back of a three-to-four-year very strong rally that markets have seen, and for very good reasons: India as a country and an economy pretty much held its own while most of our global peers were going through periods of volatility and uncertainty.
Tech View: Nifty’s weekly bullish engulfing candle signals strength; key resistance at 23,800. How to trade on Monday
Nifty formed a red candle on the daily chart on Friday, indicating weakness, but a green candle on the weekly scale confirmed last week’s bullish