Nifty’s Six-Day Winning Streak Faces Key Test at 200-DEMA
AHMEDABAD, 3 AUGUST: Nifty gained 66.45 points (+0.27%), extending its recovery for the sixth consecutive session while registering yet another, higher high, reflecting sustained buying interest. Technically, the index has reached its crucial 200-DEMA, where it formed a Doji candlestick, indicating indecision after a sharp rally and suggesting that follow-through price action will be critical…
