
Dhupesh Dhameja, Samco Securities
Nifty Trend: Last week, the Nifty index recorded its biggest weekly fall of 4.77 percent. Due to this, all the momentum gained in the last four weeks evaporated. With Nifty closing below 200-DEMA and maintaining the lower-high pattern, there are concerns of continuation of the decline in the coming week. This concern has increased due to ongoing geopolitical tensions.
This big decline in the last week has...