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Nifty View
On Tuesday, February 14, the NSE Nifty snapped two-day losing streak, driven by positive global cues and soft wholesale price inflation (WPI) numbers in India.
At close, Nifty was up 0.89 per cent or 158.9 points at 17,929.9. However, volumes on the NSE continued to be subdued and broader indices rose less than the Nifty despite lower advance decline ratio at 0.52:1.
While Nifty has closed at the highest level since January 24, it has formed a bullish ascending triangle type of pattern in the process. It could now stay between 17,824-18,027 band for the near term,
At close, Nifty was up 0.89 per cent or 158.9 points at 17,929.9. However, volumes on the NSE continued to be subdued and broader indices rose less than the Nifty despite lower advance decline ratio at 0.52:1.
While Nifty has closed at the highest level since January 24, it has formed a bullish ascending triangle type of pattern in the process. It could now stay between 17,824-18,027 band for the near term,
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