market outlook: Ahead of Market: 12 things that will decide stock action on Thursday
NEW DELHI: Nifty touched its all-time high on Wednesday forming a 'Hanging man' pattern on the daily chart. Amit Trivedi of Yes Securities says that the appearance of such a pattern at current levels could attract some profit taking. However, follow-up action needs to be closely watched. According to Ashis Biswas, Head of Technical, CapitalVia Global Research, the market's short-term technical condition shows an upward shift in the prevailing market range, and it is likely to range between 13,550 and 13,780. "Indian market is effortlessly rallying to record highs on a daily basis, tracking fi...
Source: indiatimes.com