INSUBCONTINENT EXCLUSIVE:
NEW DELHI: The Nifty50 traded in a narrow range on Wednesday to eventually settle higher
This was the third consecutive session when the index defended the 10,700 level and made a higher highs and higher lows, suggesting that
On the higher side, we do not see any convincing signal to signal strength to surpass the strong resistance zone at 10,780 and 10,800 levels
23.90 points, or 0.22 per cent, to close at 10,741
The price action appeared to be somewhat positive, but the Nifty50's inability to get past its recent corrective swing high of 10,784 is
rangebound for a couple of sessions going forward
Hence, traders should not be surprised even if Nifty50 revisits the recent low of 10,600 level, but its breach on a closing basis shall
enhance selling pressure on the indices
Unless the critical resistance point of 10,784 is cleared decisively in the next couple of sessions, traders should not expect a directional
