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Nifty This Week In Technical Charts: A Runaway Market!
Beginning last week of December, it may be prudent to have nearer stops and begin taking some money off the table.
16 Dec 2023, 01:33 PM IST ![NDTV Profit](/icons/feather-without-circle.svg)
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![Revellers run next to fighting bulls during the running of the bulls at the San Fermin Festival in Pamplona.](https://media.assettype.com/bloombergquint%2F2019-07%2F0eb63a2c-2d0f-4a96-a641-9398fcff8659%2FAP19192235356419.jpg?rect=0%2C0%2C2376%2C1337&auto=format%2Ccompress&w=200)
Revellers run next to fighting bulls during the running of the bulls at the San Fermin Festival in Pamplona.
If the BJP win provided the catalyst for the rise in the earlier week, it was the U.S. Fed that did the trick for the week just ended. The Nifty has already done in the first half of the month what it did in the whole of last month. If you consider that we were all quite impressed with the showing of November, then what does it say about December? Bank Nifty was a laggard for a while but it raced to new all-time highs in the week end...
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