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Gautam Shah Says Nifty 50 Hasn’t Topped Out Yet
“This is nothing more than just a short correction within a larger uptrend,” says Gautam Shah.
09 Sep 2020, 11:45 AM IST
The Nifty 50 hit a resistance going into September as it shed more than 500 points, leading to concerns about sustainability of its recovery from the March-selloff triggered by the coronavirus pandemic. But Gautam Shah said this is “nothing more than just a short correction within a larger uptrend”.“The index found resistance at the important level of 11,600 triggered by the weakness in global markets. The close last Friday cannot be...
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