The Nifty 50 started the week on a dismal note, decisively breaking the trendline support around 22,600 and closing more than a percent lower on February 24, despite a consistent fall in the India VIX ...
The Nifty 50 failed to find respite even on the first trading day of the week, falling by 1.5 percent on January 13, following a 2.4 percent loss in the previous week. The index has decisively broken ...
There is no real change in the technical picture for this index, and it will need to do more to excite. Keep an eye on breadth metrics. These are disappointing and aren't exactly recommending a 'buy'.