On the weekly chart, the index has formed a bearish candle and has closed below the previous week’s low which remains a bearish sign.
Related Posts
Will higher car prices help Maruti preserve margins?
Maruti has finally decided to raise vehicle prices by up to Rs 34,000 effective from January 18 after…
January 20, 2021
Indigo paints aggressively priced, but company holds long-term potential
Pune-based Indigo Paints is the fifth largest company in the fairly consolidated decorative paints industry. Its initial public…
January 18, 2021
Sensex returns since 1986 beats gold, other assets
Bank fixed deposits and public provident fund, which have been the favourites of Indian savers because of their…
February 4, 2021
Stepping stones in place to invest in cyclical sectors
With the Indian economy looking to recover from a global pandemic, Finance Minister Nirmala Sitharaman has delivered an…
February 2, 2021