Day: November 27, 2022

Nifty may rally as long as dips do not extend beyond 18000-17800; Bank Nifty appears exhaustedNifty may rally as long as dips do not extend beyond 18000-17800; Bank Nifty appears exhausted

By Anand James Thursday’s bear trap had resulted in a disproportionately large rise, which ended up rendering the trend vulnerable. Hence, Friday’s sharp falls did not come as a surprise. In fact, negative divergence in oscillators had begun to show towards the second half of the week, but it became potent only after Nifty entered […]