nifty 50 technical

Technical outlook: Nifty 50 โ€“ will the correction continue?

In our previous post on the outlook for the Nifty 50 index, we had shared the view that the Nifty 50 index could get into a short-term correction. In that post, in addition to the Nifty 50 trends, we had also made a mention of three sector indices โ€“ the Nifty IT index, Nifty FMCG & Nifty Bank โ€“ that could be instrumental in triggering short-term corrections.ย 

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Technical outlook: Whereโ€™s the Nifty 50 headed?

A couple of months ago, we had given an outlook for the Nifty 50. Today, weโ€™re giving an update to that Nifty 50 outlook. Here is an extract from the previous update: โ€œโ€ฆ. This indicates that the index is getting ready for a corrective or a cool-off phase. This cool-off in breadth could play out

Technical outlook: Whereโ€™s the Nifty 50 headed? Read More ยป

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