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Nifty In Technical Charts: Prepare For The Budget, First Quarter Results

Fresh triggers are needed to push markets beyond the range-bound movement seen over the week.

<div class="paragraphs"><p>Technical charts for markets on a screen (Source: Envato)</p></div>
Technical charts for markets on a screen (Source: Envato)
We had another week of range-bound action. Curtailed by a day, the week saw the Nifty remain within the range of earlier days, shooting a bit up or down but not really making any headway either side. Barring the three-day power drive post the June 4 debacle, the market has actually, kind of, gone to sleep. Ranging markets were warned for the balance of the month and that is what we are getting.Now we are coming to the end of the mont...
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