 "Nifty50 can dip below 10,000 mark soon: Angel Broking")
Nifty outlook
The week turned out to be a decider as we saw Nifty finally coming out of the recent congestion zone. In fact, we had clearly stated in our previous article that we would see this suspense getting unfolded in the first half. In-line with expectation, the index made things clear on Tuesday after violating the 10300 mark. Some respite in last couple of sessions led to a weekly close well below this key point.
The week turned out to be a decider as we saw Nifty finally coming out of the recent congestion zone. In fact, we had clearly stated in our previous article that we would see this suspense getting unfolded in the first half. In-line with expectation, the index made things clear on Tuesday after violating the 10300 mark. Some respite in last couple of sessions led to a weekly close well below this key point.
This was clearly an action packed week for our traders as we once again saw some trended move after a consolidation of nearly three
