Weekly Sectoral Analysis - Episode 150 Consolidation at support band
#Weekly #Sectoral #Analysis is an attempt to share my in depth view on market with the trading community.
As per Weekly chart analysis Nifty & Banknifty both have corrected almost 4.82 % & 6.32 % from the top respectively with high momentum. The velocity of the correction was extremely high due to global negative news although last entire consolidation at support band was visible. Many stocks are available at lower prices for short term traders upside momentum should be clearly visible in the market.
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