ADVERTISEMENT
Nifty This Week: Technical Charts And More – Caution Is The Byword For The Week Ahead
If we cannot cross and hold above 16,575 levels now, the trend is in danger of slipping lower, writes CK Narayan.
21 Aug 2021, 10:00 AM IST ![NDTV Profit](/icons/feather-without-circle.svg)
![NDTV Profit](/icons/timer.svg)
![<div class="paragraphs"><p>A sign is displayed on a recently washed sidewalk in front of a residential building. (Photographer: Kevork Djansezian/Bloomberg)</p></div>](https://media.assettype.com/bloombergquint%2F2021-08%2Ffe69d45d-d9ae-47a7-ac7f-789ddd7344d9%2F232386200.jpg?rect=0%2C207%2C3000%2C1688&auto=format%2Ccompress&w=200)
A sign is displayed on a recently washed sidewalk in front of a residential building. (Photographer: Kevork Djansezian/Bloomberg)
What a sudden twist in the tale. No one expected the kind of move that occurred over Thursday (on the SGX with the holiday here) and Friday (here). It’s a funny thing but there have been a few occasions when the overseas action has been very large but we have somehow escaped those carnages. Friday, though, did not bring the kind of recovery that earlier such occasions have - even though one could not complain much as the lows visited...
![](/images/white_gradient.png)
I’m already a Subscriber Sign In
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Choose a plan
Renews automatically. Cancel anytime.
Access to
Curated
Newsletters
20,000+
Research Reports
Priority Pass
to Special Events
Ad-Lite
Experience
Members-Only
Rewards
NDTV Profit
Exclusive Stories
Full Access to
NDTV Profit App
Access to
20,000+
Research Reports
Ad-Lite
Experience
NDTV Profit
Exclusive Stories
Curated
Newsletters
Priority Pass
to Special Events
Members-Only
Rewards
Full Access to
NDTV Profit App
Still Not convinced ? Know More
ADVERTISEMENT