Technical outlook – is there more upside to the Nifty 50?

We had highlighted in the previous update on the Nifty 50 technical outlook that the index was vulnerable to a pull-back as the short-term trend and breadth indicators had turned overbought. The anticipated pull-back did materialise – but interestingly, the index managed to sustain above the prior swing low at 21,900. Though there was a […]

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