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Dalal Street Week Ahead: Oversold Nifty may rebound as volatility stays high

  • Posted on October 3, 2026
  • By Business News Today
  • 1 Views
  • 1 min read
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Dalal Street Week Ahead: Oversold Nifty may rebound as volatility stays high
Dalal Street Week Ahead: Oversold Nifty may rebound as volatility stays high

The technical structure has weakened materially, with the most important development being the Nifty's modest violation of its 200-week moving average, presently placed at 22,606.97. This is the first breach of this long-term average since March 2020 and makes the 22,600 area particularly important over the coming days.
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Business News Today

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