The Economic Times News

Dalal Street Week Ahead: Nifty seen consolidating further before next directional move

The Nifty experienced a mild corrective movement, trading in a downward-biased consolidation phase and ending the week with a slight loss. Despite a supportive Fed stance, the index faced resistance near recent highs, indicating a technical pause within an uptrend. Traders are advised to remain cautious, protect profits, and await a breakout above 26,20026,300 for confirmation.