“Despite overbought readings on the daily as well as some weekly oscillators, the price chart is not displaying meaningful weakness which may not materialise unless the index slips below 17,359 level. If the index sustains above 17,442, eventually the index can head towards 17,800 level. Short-side traders are advised to remain neutral whereas longside players should maintain a stop below 17,440 level,” he said.
Berkshire Hathaway shares slide after earnings, CEO letter
Berkshire Hathaway shares experienced their largest drop since Warren Buffett’s CEO succession announcement, as financial results missed analyst expectations. The conglomerate’s fourth-quarter operating profit fell