|Market This Week
||As predicted earlier, last week the NIFTY was volatile and left everyone guessing on its direction. The NIFTY could not break its all-time high resistance. The F&O data for the June series suggests that we will have some bad times ahead. There seems to be more supply than demand. A further correction is likely. 5950 will be a very crucial support for NIFTY. If that is taken off a fall would be seen and thus we must all get on the sidelines and enter a wait-and-watch zone.
Note: The market view was delayed due to technical issues. Apologies for the same.