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In Charts: What Technicals Suggest About Indian Markets
With headline indices expected to trade within a broad range, technical analysts focus on specific stocks going into next week.
18 Jul 2020, 06:14 PM IST
Indian equity indices face resistance at current levels even as the benchmarks rose for the fifth straight week, the longest stretch since April 2019, on hopes of an early Covid-19 vaccine and a positive start to the earnings.“Market continued its range-bound movement with intermittent hiccups due to rise in daily Covid-19 cases cushioned by hopes for an early vaccine which capped the upside,” said Jimeet Modi, founder and chief exec...
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