Dalal Street Week Ahead: Nifty not out of the woods yet; any technical rebounds should be chased cautiously

  • Posted on November 2, 2024
  • By Business News Today
  • 1 Views
Dalal Street Week Ahead: Nifty not out of the woods yet; any technical rebounds should be chased cautiously

The Nifty largely consolidated with a bearish undertone over the past five sessions, trading within a narrow range and ending the week with a modest gain. The index stayed below its crucial resistance points and saw increased volatility. Looking forward, careful approach is advised as technical rebounds are likely to face resistance.
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