The Economic Times News

Dalal Street Week Ahead: Uptrend intact on weekly charts, selective profit-taking likely ahead

Nifty closed at a lifetime high, gaining 1.10% last week while consolidating within a defined range. Despite a bullish technical setup, the index shows signs of fatigue near the upper Bollinger band. The coming week anticipates a steady start with a positive bias but a cautious undertone, with key resistance at 26,500 and supports at 26,000.