Dalal Street Week Ahead: Nifty50 looks set to extend its technical pullback - Economic Times

5/28/2022 12:00:00 AM2 years 11 months ago
by Milan Vaishnav CMT MSTA
by Milan Vaishnav CMT MSTA
While the markets try hard to find a base for themselves and move higher, there are greater chances of the Nifty testing its 50-week moving average which is presently at 16,918. However, to do this, it will have to negotiate a gap between 16,450-16,625. To mo…
It was a week of consolidation, in fact, a positive consolidation where the markets oscillated in a broad range. The Nifty saw itself trading in a 511-point range as compared to the 690-point range … [+4182 chars]
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