F&O Talk: Nifty plunged 2% this week. Do charts indicate a bearish picture for coming week?
60-Word AI Digest
SBI Securities’ Sudeep Shah expects continued weakness in Indian equities as FII positioning, rising volatility and technical indicators point to further pressure. He identifies key Nifty support and resistance levels and flags IT as a relatively stronger sector.
Key Takeaways
- SBI Securities’ Sudeep Shah expects continued weakness in Indian equities as FII positioning, rising volatility and technical indicators point to further pressure.
- He identifies key Nifty support and resistance levels and flags IT as a relatively stronger sector.
- Full details and original dispatch available below.
SBI Securities’ Sudeep Shah expects continued weakness in Indian equities as FII positioning, rising volatility and technical indicators point to further pressure. He identifies key Nifty support and resistance levels and flags IT as a relatively stronger sector.
Original Publisher Attribution
This summary was curated from Economic Times.