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Nifty In Technical Charts: Shaken Sentiment

For the coming weeks, CK Narayan suggests a less active play in the markets with momentum investing also given a bit of rest.

<div class="paragraphs"><p>(Source: Marga Santoso/Unsplash)</p></div>
(Source: Marga Santoso/Unsplash)
On Tuesday of the week, the market was subject to a bit of a jolt. Just as people were about to rejoice the crossing of the coveted 20,000 mark in the Nifty, the prices took a knock, which at that point of time seemed quite nasty. Especially as the mid-cap stocks took a sharp knock and scores of stocks were down 5-10% on an average. It looked as though good times were over and many a commentator jumped in, saying 'I told yo...
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