Nifty In Technical Charts: Continue To Be Buyer On Dips (Image Source: Vijay Sartape/NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed

The week ended repeated the pattern of the last week- first three sessions were down and the last two sessions were up. The up sessions towards the end of the week restores the sentiment some and people queue to buy and they get fed in the new week.

In three days, the new buyers get shaken out because some news or the other shows up – or the market doesn’t respond the way people expect it to. Then, when sentiment is down, fresh buying comes in and hoists the prices higher, creating dismay among those who sold out or sold short.

Actually, the market has been doing something like this for about six weeks now, thereby creating a l

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