In fact, on the daily’s, it was at a very interesting point where we saw a bounce coming in from the bottoms of 47,900 levels and from there we are sustaining high in the trade, but in the intraday structure over here we are seeing certain profit taking coming in in Bank Nifty as well.
Dalal Street Week Ahead: Sideways consolidation likely to persist amid global trade uncertainty
The Nifty experienced a week of range-bound trading, closing slightly lower with a 0.53% loss. Facing resistance near the upper edge of a rising channel,