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Markets Enter New Week With Trend Support, Short-Term Booking in Focus
Indian markets begin the week with a strong technical setup, as the primary uptrend holds firm. Experts flag chances of selective profit-taking but believe corrections may be shallow, with investors likely to accumulate quality stocks on declines.
Indian equity markets head into the new week with the broader uptrend intact on weekly charts, supported by higher highs and higher lows. Analysts expect selective profit-taking after recent gains, especially in outperforming stocks. While volatility may persist, technical indicators suggest dips could attract buying interest as long as key support levels on benchmark indices remain protected.