By Rohan Patil The benchmark Nifty 50 index started last week with a massive three per cent fall. As the week progressed, the index covered the majority of its losses and closed with a half-per cent loss on the weekly closing basis. Prices are continuously closing above their 61.80 per cent Fibonacci retracement on the […]
By Shrikant Chouhan The benchmark indices bounced back sharply, the NSE Nifty 50 ended 289 points higher and the BSE Sensex gained 934 points. Among sectors, all the major sectoral indices traded in the green but Media, Metal and PSU Banks stocks outperformed. Technically, post reversal formation, on Tuesday, the market opened a gap up […]
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