NIFTY Index Chart Analysis
EXPECT VOLATILITY WITH AN EXTENDED RALLY
The January phobia went into a repetition mode as it closed below the open in the first week itself. And the second week started with a significant decline. The year 2024 has begun with a new high and a bearish candle – a Gravestone Doji – followed by a sizeable bearish candle. The benchmark index declined 1.56 per cent in the first six trading sessions.