Sunday, February 18, 2018

#NIFTY Weekend view on the 18th.


  As expected the market has been moving sideways.  Last week the selling pressure was more than the buying pressure. However the volume was average to low. The bad news which hit towards the end of the week failed to push the market down too much and the volume remained low. In the overall market also selling dominated in the last three sessions.  With more bad news coming selling pressure is likely to remain in the coming week as well. But the downside is likely to be limited and the index is more likely to continue sideways move.




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