Week Ahead: RRG Indicates Sector Shifts; NIFTY Deals With These Crucial Levels
1 Articles
1 Articles
Week Ahead: RRG Indicates Sector Shifts; NIFTY Deals With These Crucial Levels
Following a strong move the week before, the markets took on a more consolidatory look over the past five sessions. Following ranged moves, the Nifty closed the week on just a modestly positive note. From a technical standpoint, the Nifty tested a few important levels on both daily and weekly charts. However, the trading range narrowed. The Index oscillated in a 517.60-point range over the past week. The volatility surged again; the India VIX sp…
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