Nifty had resisted twice around 22,127 and is yet to surpass that hurdle where a trend reversal candlestick pattern was formed. The index has not yet negated the pattern, and negative RSI divergence is also visible in the midcap Index.
Ultravolt launch sparks sell-off in wire stocks; high-voltage players insulated
The wire and cable industry faced stock declines amidst rumors of Ultravolt’s impending market entry. The Aditya Birla Group’s initiative aims for a robust nationwide