Commenting on the current market situation, Amar Ambani, Head of Research, IIFL said, “Indices staged a strong comeback indicating that a sharp decline, which was seen on Friday, was futile and that the current positive momentum is here to stay. Nifty has broken out from a rounding bottom pattern on intra-day charts. If the index manages to sustain above the same, we see Nifty heading towards the 7950 mark in near term.”
| Subscribe To Our Free Newsletter |
