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After a few volatile sessions, the market’s recent pullback is likely to be just a pause before the next leg higher, said Rohit Srivastava, founder of Strike Money Analytics & Indiacharts. Srivastava believes that Nifty’s consolidation phase is coming to an end and most of the negative news that has weighed on sentiment has already […]
“So this phase represents consolidation – a waiting time before we enter the next phase of the bullmarkt. It is a process of shaking weak hands, although it clearly distinguishes from winners and losers. Shares that cannot produce are defeated, while those who perform well show outperst. How do you read the markets at the […]
The Nifty continued its corrective spell for the sixth consecutive week, a losing streak that was not seen in more than five years because the index drove lower within a relatively narrow reach. Nifty saw the week in a range of 398 points between 24,736 on the higher side and 24,337 at the bottom, which […]
