Daily BriefsIndia

Daily Brief India: NIFTY Index and more

In today’s briefing:

  • EQD | Is the NIFTY’s Rally Halting?


EQD | Is the NIFTY’s Rally Halting?

By Nico Rosti

  • The NIFTY Index has been rallying for months, but in the last few weeks there has been a considerable slow down in its rising pace.
  • Currently the index is at a point where it could pull back this coming week, based on our MRM patterns reading.
  • A possible alternative scenario would be a continuation of the rally for a total of 4-5 weeks up in a row.

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