Weakness in Nifty could intensify: Technical Analysts

January 13, 2025

Traders need to follow strict risk management in fresh trades. Bank Nifty has underperformed the benchmark index and closed with a fresh breakdown on the weekly chart. It is likely to underperform Nifty in coming days.

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External geopolitical factors are pressuring the rupee, not domestic economic mismanagement. This requires careful policy handling to avoid destabilizing sentiment. Continued weakness could become inflationary

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