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Market Technicals: Shell Shocked, But Not For Long
When markets begin to move very fast, most get disconcerted and are unable to act, writes CK Narayan.
07 Feb 2021, 10:55 AM IST
The cheering continued post-budget. A day after we broke some records for the budget day, the bulls were in a continued mood to create more new ones. A gap-up on Tuesday made it known that the bulls didn’t want to waste more time in punching higher. The following four sessions after the budget were higher high stories and the Nifty 50 powered its way to post a reading above 15K and had it not been a Friday (where, usually, retail ten...
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