Technicals

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Technicals

Nifty bounced again with a short covering in the wake of weekly expiry. It also tried to come out of the oversold condition before the event (general election results). But, since last two days, it has been moving within the Tuesday’s range and unable to provide confidence to the bulls. 

Nifty bounced again with a short covering in the wake of weekly expiry. It also tried to come out of the oversold condition before the event (general election results). But, since last two days, it has been moving within the Tuesday’s range and unable to provide confidence to the bulls. 

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