Nifty trends signal potential pressure into the coming week

Technical models indicate potential downside for the Nifty 50 into the next week, with auto and broader segments exhibiting weak momentum.

neutral
Recently

Nifty trends signal potential pressure into the coming week

1 min read60 words
Nifty trends signal potential pressure into the coming week
Technical models indicate potential downside for the Nifty 50 into the next week, with auto and broader segments exhibiting weak momentum.
Technical indicators suggest Nifty 50 could face further downside pressure, with momentum for the benchmark remaining weak. Chartist models point to auto and broader market segments showing bearish tendencies, while liquidity and trend strength metrics are subdued. Traders are advised to watch key supports and resistances. Selected defensive stocks may outperform if volatility persists, but near-term bias appears tilted downward.
Sentinel