The index made a bearish candle on weekly and daily scales, along with the formation of lower highs – and lower lows on daily chart for the last four sessions.
Nifty may hit 24,060 before recovery, IT breakout imminent: Geojit’s Anand James
Despite Friday’s recovery attempt, technical charts are painting a cautious picture for Nifty in the coming week. Anand James, Chief Market Strategist at Geojit Investments