“In August, Nifty experienced significant volatility, with 12 trading sessions opening either with a major upside or downside gap. Throughout the month, it has fluctuated over a 1,300-point range, underscoring the heightened market volatility. Despite this, the index reached new all-time highs and closed the month above the significant psychological level of 25,200.”
Tech View: Nifty forms red candle on daily chart, suggesting weakness. What traders should do on Friday
Nifty opened flat and traded within a narrow range, closing negatively at 24,205, noted Hrishikesh Yedve from Asit C. Mehta Investment Intermediates. He highlighted that