August 17, 2022

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Tech View: Nifty50 bulls not ready to give in; momentum positive

1 min read

“After the false upside breakout of 15,800-15,900 levels on Monday, Nifty50 has declined gradually in the last two sessions, which could be a positive indication for the bulls to make a comeback from the lows. Normally, such range movements from near important resistances eventually result in sharp upside bounces,” said Nagaraj Shetti, Technical Research Analyst, HDFC Securities.

2022-06-29 09:09:11

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